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China Steam Coal Market Weekly Report (January 30, 2015)

  • January 2015
  • -
  • JYD Coal Industry Research Center
  • -
  • 8 pages

China steam coal market kept weak in the week ended January 30th, 2015. BSPI (Bohai-rim Steam-Coal Price Index) closed at CNY511/mt on Wednesday (January 28th),
sliding CNY7/mt from a week before, marking the biggest drop since August 6th, 2014. The most active steam coal contract for May delivery closed at CNY467.2/mt on Friday
with a weekly decline of CNY3.4/mt.

With the peak season for coal consumption drawing to an end, some large coal producers cut their steam coal contract prices for the first quarter sales around the Bohai coastal regions, hurting market confidence. Coal consumption reduction plans in key regions further dampened market sentiment in the coastal areas. Those areas were predicted to see coal usage declining gradually this year, which would intensify market competition and drag down steam coal prices further. Moreover, steam coal stockpile at China major ports gained further, and power plants had started to destock in sight of the winter heating season ending.

China Steam Coal Market Weekly Report is published by JYD Information Co., Ltd. every week on steam coal price assessment, market alert, moving news, commentary and speculation. The report provides concise weekly insight into Chinese steam coal market.

Table Of Contents

China Steam Coal Market Weekly Report (January 30, 2015)
Market Overview
Steam Coal Market in China's Major Producing Regions
Steam Coal Market in China's Major Ports
Imported Steam Coal Market in China
China's Major Coal Producers
China Power Plants' Coal Inventory and Daily Consumption
News and Commentary

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