China considers price controls on surging coal market
China is considering imposing a cap on the price of thermal coal as it struggles to contain high energy costs ahead of peak demand over the summer, Bloomberg reported on Continue Reading
China’s Sinopec targets 500,000 T of ‘green’ hydrogen capacity by 2025
China’s state-controlled energy giant Sinopec aims to set up plants that can make 500,000 tonnes of hydrogen a year from renewable energy sources by 2025, a company executive said at Continue Reading
China Mulls Price Caps on Coal in Campaign to Tame Inflation
China’s efforts to control raw materials costs could include price limits on its runaway coal market, underscoring the government’s tough stance on taming inflation. Beijing is considering imposing a cap on Continue Reading
China’s Factory Inflation at 2008 High Adds to Global Pressures
Surging costs of imported commodities drove China’s factory-gate inflation to its highest level since 2008, raising the odds that exporters will begin passing on higher prices and boost inflationary pressures Continue Reading
China’s producer prices rise at fastest pace in 13 years
The price of goods leaving China’s factories has risen at its fastest pace since the financial crisis, piling pressure on policymakers as they grapple with the effects of a global Continue Reading
China’s Efforts To Curb Oil Prices Are Futile
Crude oil imports into China dropped by almost 15 percent annually last month. While substantial, the drop is no reason for worry because it was caused by refinery maintenance season. Continue Reading
China’s Big 5 power producers face uphill battle in meeting peak emissions targets
Top power producers set peak emissions goals by 2025 or earlier No signs of accelerated coal plant closures, ETS has limited impact Coal remains critical to alleviate peak demand power Continue Reading
CHINA DATA: May crude imports drop to five-month low at 9.69 mil b/d
China’s crude imports slumped 14.6% on the year to a five-month low of 9.69 million b/d in May amid destocking activities, showed preliminary data released June 7 by the General Continue Reading
China’s independent refineries rush to buy straight-run fuel oil as crude quotas to fall short
Four refineries take cargoes for Jun/Jul delivery Around 80 mil mt quota available for Jun-Dec Using fuel oil lifts cost by $31/mt China’s independent refineries rushed to shop at least Continue Reading
CHINA DATA: Independent refineries’ crude imports rise by 1.8% on month in May
Feedstock imports for China’s independent refineries rose by 1.8% month on month to 3.71 million b/d, or 15.7 million mt in May, as the refiners stockpiled bitumen blend ahead of Continue Reading