- Tuesday May 21,2024
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China's 10 largest coal mining groups (in terms of production) produced 739 Mt of raw coal in Jan-Apr 2024, falling 5.33% YoY, according to the latest data released by China National Coal Association.
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Coal production of Mongolia came in at 7.76 Mt in Apr 2024, rising 25.22% YoY yet falling 5.99% MoM, showed data from the National Statistical Office of Mongolia. The country's iron ore production was 861,100 t, surging 179.94% YoY and 10.40% MoM.
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Iron ore exports to China from Australia's Port Hedland amounted to 42.46 Mt in Apr, up 19.51% YoY but down 0.92% MoM, according to the Pilbara Ports Authority.
- Monday May 20,2024
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China imported 34.30 Mt of thermal coal in Apr, up 6.24% YoY and 5.94% MoM, customs data showed. The imports were valued at $2.90 billion, down 12.8% YoY yet up 8.33% MoM.
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Australia's coal exports were worth A$7.13 bln ($4.8 bln) in Mar, down 7.66% MoM and 30.96% YoY, according to the Australian Bureau of Statistics.
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China's Ganqimaodu border port imported 12.64 Mt of coal as of Apr 30 this year, surging 22.4% YoY, according to the port-side official.
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BREAKING: Iran's President and Foreign Minister have died due to helicopter crash.
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Mongolia's coal shipments through railway stood at 971.2 Kt in Apr, down 7.94% YoY and 18.71% MoM, showed data from Mongolian statistical authority.
- Friday May 17,2024
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China's power generation of all sources totaled 690.1 TWh in Apr, up 3.1% YoY, showed data from the National Bureau of Statistics on May 17.
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China churned out 371.67 Mt of raw coal in Apr, falling 2.9% YoY, which contracted by 1.3 pps from Mar, NBS data showed on May 17.
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China Shenhua Energy Co., Ltd. sold 36.2 Kt of polyolefin in Apr 2024, down 38% YoY and 39.8% MoM, said the company on May 16.
- Thursday May 16,2024
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China Coal Energy Co., Ltd reported its polyolefin output was up 0.8% YoY but down 5.3% MoM to 125,000 t in Apr. Polyolefin sales increased 3% YoY yet fell 8.7% MoM at 137,000 t, according to figures released by the company on May 15.
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On May 14, U.S. President Joe Biden announced a significant increase in import tariffs on Chinese goods. This includes raising tariffs from 25% to 100% on EVs, from 7.5% to 25% on lithium batteries, from zero to 25% on critical minerals, from 25% to 50% on solar cells, from 25% to 50% on semiconductors, and from 0-7.5% to 25% on steel and aluminum products.
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China Coal Energy Co., Ltd, the listed arm of China National Coal Group, produced 10.48 Mt of commercial coal in Apr, down 5.8% YoY and 3.2% MoM, said the company in a statement released on May 15.
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China Shenhua Energy Co., Ltd. produced 27.50 Mt of commercial coal in Apr, rising 5.4% YoY but down 2.5% MoM, said the company in a statement released on May 16. The company's commercial coal sales reached 37.0 Mt in Apr.