trending Market Intelligence /marketintelligence/en/news-insights/trending/IzLNqO5ilztAnD9qwPk_6Q2 content esgSubNav
In This List

Coal shipments to China set to surge amid cutbacks in domestic supply

Blog

Despite turmoil, project finance remains keen on offshore wind

Case Study

An Energy Company Assesses Datacenter Demand for Renewable Energy

Blog

Japan M&A By the Numbers: Q4 2023

Video

See the Big Picture: Energy Transition in 2024


Coal shipments to China set to surge amid cutbacks in domestic supply

Coalimports in China aretargeted to remain at over 20 million tons per month during the second half ofthe year, to aid demand and to help fill a supply gap left by a mining slowdown, BloombergNews reported, citing an analyst with ICIS China.

Inanother report, China's coal capacity cut target this year was reduced to over250 million tons froma previous 280 million tons, while steel capacity is expected to contract by 45million tons.

InJune, China's coal output dwindled by 16.6%. The nation's coal demand is set toshrink by 3.4% this year, said the report, citing Citigroup Inc.