China coal short-term outlook October 2022
Report summary
Table of contents
- Thermal demand: slumping hydrogeneration underpins coal generation
- Met demand: recovery proved to be overrated - again
- Daily output in September achieved a YTD recorded high of 12.89 Mt/d
- Production in fourth quarter is expected to maintain momentum
- Thermal imports: Russian 5,500 coal becomes cheaper than Newcastle 5,500 in Asia since October
- Metallurgical imports: volumes from Russia and Mongolia continued to grow
- Thermal price: the coronavirus outbreak of Daqin rail line pushed up the QHD price
- Thermal outlook: issues will push the QHD price upward
- Met price: unreal price increase defeated by a weak reality
Tables and charts
This report includes 11 images and tables including:
- Monthly coal-fired power generation (TWh)
- Monthly hydro-power generation (TWh)
- Monthly throughput at Qinhuangdao port (Mt)
- Monthly throughput at Huanghua port (Mt)
- Monthly hot metal production (Mt)
- Monthly metallurgical coke production (Mt)
- China coal output monthly (Mt)
- Thermal coal supply (Mt)
- Metallurgical coal supply (Mt)
- Key thermal coal prices: history and forecast (US$/t)
- Hard coking coal price arbitrage at Tangshan steel mill (US$/t nominal)
What's included
This report contains:
Other reports you may be interested in
06 March 2023
China coal short-term outlook February 2023
China coal short-term outlook February 2023
Surging PMI in February exceeded expectations and injected hope into the market.
$2,00031 March 2023
Global metallurgical coal short-term outlook March 2023
Global metallurgical coal short-term outlook March 2023
March was a story of two halves for the metallurgical coal market, as global banking instability triggered a downward slump in prices.
$2,00031 March 2023
Global thermal short-term outlook March 2023
Global thermal short-term outlook March 2023
In March, the market was finally able to gain a foothold after a cliff fall in January and February.
$2,000