trending Market Intelligence /marketintelligence/en/news-insights/trending/N2TPoJ_MdDlzIG7KKx_5Xw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

China to impose monthly coal import controls, sources say

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

China to impose monthly coal import controls, sources say

China will likely impose monthly import controls as its top economic planning body, the National Development and Reform Commission, looks set to apply a firmer grip on imported coal volumes in 2019, sources said Dec. 27.

At a meeting of the commission, or NDRC, this week, officials discussed the country's supply and demand situation for coking and thermal coal, and highlighted the need to "firmly control imports," several market sources in China told S&P Global Platts.

This would entail controlling import volumes not only on an annual basis but on a monthly basis too.

Market sources said it would be easier to manage total import volumes by introducing a monthly quota system.

According to customs data, China imported 271.19 million tonnes of coal over January to November. This exceeded the total volume of 270.9 million tonnes for the whole of last year.

The NDRC could not be reached for comment.

A China-based source said some details on import controls for next year are yet to be finalized, but the meeting would likely set the direction of imports for next year.

The agency also urged domestic coal producers to increase production of domestic coal, with output in 2019 to increase by about 100 million tonnes, according to sources.

The NDRC also stressed that a "rapid decline in [domestic coal] prices should be prevented."

S&P Global Platts and S&P Global Market Intelligence are both owned by S&P Global Inc.