The Coal Hub
No Result
View All Result
  • Login
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
  • Subscribe
  • My account
  • Login
The Coal Hub
No Result
View All Result
Home Coal Prices

China’s coal miners brace for stringent safety controls

Editor by Editor
2 years ago
min read3 min
China’s coal miners
Share on FacebookShare on TwitterShare on Linkedin

This year is bringing mixed blessings to China’s domestic coal miners. On the one hand, operations at some mines are being disrupted by the rounds of local- and prefectural government-supervised checks on mine safety procedures, yet the supply tightness resulting from such disruptions is lending strong support to domestic coal prices.

RELATED POSTS

Pacific coal prices retain record premium over Europe

Pacific coal prices retain record premium over Europe

16 hours ago
Global coal consumption: not dead (yet)?

Global coal consumption: not dead (yet)?

2 days ago
Coal-production-in-Kuzbass

Coal production in Kuzbass down 8% in 2022

6 days ago

Bittersweet or not, recent government meetings indicate that the tough watch being placed on safety issues will continue this year, Mysteel Global noted.

Tough checks on mining safety, with above-capacity ops the focus of the blitz

A market source in North China’s Shanxi, the country’s largest coal mining province, was candid. “Since early this year, the safety authorities have been paying special attention to issues related to mining operations exceeding the design and approved capacity at coal mines,” he said. The state-owned miners (which dominate China’s coal production) top the list of enterprises being monitored for such irregularities, he added.

As reported, since early this year operations at some coal mines in the country have been suspended as a punishment because they were being mined above the capacity identified by local authorities.

Recently, the central government turned up the heat. On May 26, China’s National Mine Safety Administration held a video conference to warn the country’s miners of the need to prevent accidents. In the conference, the administration ordered mine managers to make great efforts to minimize serious accidents and to secure the safe production environment for the celebration of the 100th anniversary of the founding of China’s Communist Party in five weeks’ time on July 1.

The frequency of serious accidents has increased notably this year, the administration noted in the conference. Most regions in China had entered the flood season and as the price of coal and other mineral products has remained at a high level, so the risks to safety have risen substantially.

Prior to the meeting, authorities at some mining regions had already kicked off special checks on flood prevention arrangements ahead of the rainy season. From April 29 until the end of September, Department of Emergency Management in Northwest China’s Shaanxi – the country’s third-largest coal mining province – ordered city authorities in the province to make random swoops on mines, targeting flood- and storm response issues, according to its recent notification.

The department reiterated that the control of mining above designed capacity was the core mission during checks, something that has been emphasized since early this year.

Some coal miners in East China’s Anhui also commenced safety checks or maintenance from late May to reduce safety risks, said a market watcher in Shanghai, citing the celebrations in July too.

Supply tightness boosts domestic coal prices

The impact of the safety campaign has been partially reflected in Chinese coal production so far this year. In March alone for example, China’s raw coal output slid 0.2% on year to 340.8 million tonnes. In April, the on-year decline widened to 1.8%, during which China’s raw coal output reached 322.2 million tonnes, according to the country’s official data.

On May 31, Mysteel’s price assessment for the 5,500 kcal/kg Shanxi blend thermal coal was Yuan 890/t ($139.7/t) including the 13% VAT at Qinhuangdao port in North China’s Hebei, surging by Yuan 336/t on year. As of the same day, Mysteel’s national composite coking coal price had jumped too by Yuan 356.6/t on year to Yuan 1,376.2/t including the 13% VAT, a new high since Mysteel commenced the assessment on April 5, 2018.

Noting the coal market frenzy and the need to secure the stability of energy supply in China, both the central and regional governments have called for measures to stabilize coal prices, as reported.

On Monday, 12 authorities in Yulin in Shaanxi province again summoned local coal miners to emphasize the need to stabilize coal prices, saying that some coal miners had raised coal prices by Yuan 5-40/t over May 28-30, according to a report by the local-government-backed Yulin Daily.

While warning coal miners to avoid “irrationally” pushing up coal prices, these authorities again reminded enterprises of the need for safe production, according to the report.

“Stringent safety checks have almost become a norm in the country’s coal-mining regions, and these have restrained some coal miners intent on ramping-up production,” said a Shanghai-based analyst. “Although some authorities have released measures to ease the tight coal supply, whether these could effectively lift coal production will need further observation,” he commented.

Source: Sean Xie, Hongmei Li 

Tags: Chinacoal minerscoal miningcoal productioncoal technologyMySteel Global
Editor

Editor

Related Posts

Pacific coal prices retain record premium over Europe
Coal Prices

Pacific coal prices retain record premium over Europe

16 hours ago
Global coal consumption: not dead (yet)?
Coal Demand

Global coal consumption: not dead (yet)?

2 days ago
Coal-production-in-Kuzbass
Coal Demand

Coal production in Kuzbass down 8% in 2022

6 days ago
World-coal-market
Coal Demand

World coal market: brief overview

6 days ago
Australia cracks down on coal miners with price cap
Coal Prices

Australia cracks down on coal miners with price cap

7 days ago
Russian-coal-imports
Coal Demand

China sharply increased Russian coal imports in 2022

2 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

World-coal-market

World coal market: brief overview

January 27, 2023
World-coal-market

World coal market: brief overview

January 13, 2023
World-coal-market

World coal market: brief overview

January 20, 2023

Recent Post

Pacific coal prices retain record premium over Europe

Pacific coal prices retain record premium over Europe

February 2, 2023
Global coal consumption: not dead (yet)?

Global coal consumption: not dead (yet)?

February 1, 2023
Coal-production-in-Kuzbass

Coal production in Kuzbass down 8% in 2022

February 1, 2023
World-coal-market

World coal market: brief overview

January 27, 2023
Australia cracks down on coal miners with price cap

Australia cracks down on coal miners with price cap

January 27, 2023
Russian-coal-imports

China sharply increased Russian coal imports in 2022

January 20, 2023

The Coal Hub is an online platform for sharing analysis and information about the global coal market  more info

Categories

  • Coal Market Outlook
  • Coal Trade
  • Met / Coking Coal
  • Coal Fired Generation
  • Coal Regions
  • Climate & Technology
  • Economic Impact

Recent Posts

Pacific coal prices retain record premium over Europe

Global coal consumption: not dead (yet)?

Coal production in Kuzbass down 8% in 2022

Energise your Friday!

Sign up to receive our weekly newsletter (each Friday) with new coal market reports, presentations & analysis.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 TheCoalHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
  • Subscribe
  • My account
  • Login

© 2020 TheCoalHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Energise your Friday!

Interested in coal markets? Do you want our free email each FRIDAY with at least 3 new COAL reports & presentations?

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?