Tag: China Shenhua Energy

Coal Journal

Indonesia generated US$8.1 billion of foreign exchange earnings from export of coal in the first four months of 2018, an increase of 20% from the corresponding period last year, thanks to higher average price. Thermal coal price, meanwhile, advanced further to US$104.25 per ton Tuesday (May 15) as major coal producers in China found difficulties in increasing output.

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Coal Journal

Thermal coal was traded above US$106 per ton Monday, supported by various factors, including China’s strong demand for seaborne coal due to difficulties confronted by domestic producers to grow output. China Shenhua Energy Co Ltd, one of the largest coal producers in the world, produced only 295.4 million tons of coal last year, inched up 1.9% from 2016, while gross power generation grew 11.4%.

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