Articles Tagged "qinhuangdao"

Coal price slipped on surging stockpile at Qinhuangdo Port

It is declared that high grade mixed coal with 6,000 calorie per kilogram at Qinhuangdao port, China’s leading coal port, has dipped further by CNY 10 per tonne to CNY 600 per tonne to CNY 620 per tonne making the combined dipping range in the last month at about 3.1%. In the meantime, coal stock [...]

Coal Sees Glimmer Of Light

After a dark winter for Canadian coal producers, spring supply contract negotiations halfway around the world are providing a glimmer of light at the end of the mine shaft. As news of the pricing agreement filtered through the market last week, Canadian coal stocks have reaped the benefits.

China increases coal imports

China has discovered a new coal field containing more than 13 billion tonnes of proven coal reserves in the northwestern region of Xinjiang, the China News Service reported on Monday. The 1,400 square-kilometre Sha'erhu coal field, located in the county of Shanshan in eastern Xinjiang

Coal Stocks Swing

Coal stocks have been hit hard in this recession, given slumping electricity demand in the U.S. and the sharp drop-off of steel demand. For shareholders of Patriot Coal Corp (PCX: NYSE), the pain has been particularly acute. The stock lost 96 per cent of its value since last June's record highs. This year alone, Patriot's stock is down 41 per cent versus a 1 per cent decline by the Dow Jones U.S. Coal Index.