Giuseppe Sandro Mela.
2021-12-09.
«The powerful National Development and Reform Commission proposed to set 2022 annual thermal coal prices at 550 yuan to 850 yuan ($86 to $133) a tonne»
“La potente Commissione Nazionale per lo Sviluppo e la Riforma ha proposto di fissare i prezzi annuali del carbone termico per il 2022 da 550 a 850 yuan (da 86 a 133 dollari) a tonnellata”
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«Well-below average temperatures across Europe saw daily power prices rise above 200 euros in most major markets for Monday, as the increased demand boost dependence on expensive fossil-fuel plants»
«With temperatures in the north of Sweden dropping below -40 Celsius prices in the Nordic regions climbed to the second highest level on record 226.54 euros per megawatt-hour for Monday on Nord Pool»
«To shore up the balance in the grid, an oil-fired reserve plant was also started in Sweden»
«In Poland prices jumped 69% to 240.59 euros, highest levels since day-ahead auction for that market started on Nord Pool in February this year»
«Prices in Germany rose to 265.39 euros and in France to 282.50 euros, near the highs from earlier this autumn. »
«With European carbon prices trading within 10 cents of record above 80 euros per ton reached last week, benchmark gas and coal prices elevated by low storage levels, generating power at fossil-fueled plants remains very expensive»
«The first 240-t mining dump trucks have started work at JSC Siberian Anthracite»
«Two cars have already entered the line, six more are planned to be launched by the end of 2021, 10 units of equipment – by the end of 1Q22»
«After the launch of all 18 dump trucks, the increase in overburden volume will be 1.5 million m3 or 50 000 m3/d»
«China’s November coal imports at highest in 2021 …. Nov coal imports at 35.05 mln T, vs 26.94 mln T in Oct …. Chinese mines capped prices»
«Chinese coal traders, however, were forced to sell cargoes at losses or tried to delay imports after market intervention triggered a 50% price drop that saddled them with unprofitable supplies»
«November’s arrivals were also far higher than the 11.67 million tonnes brought in a year earlier»
«Imports in the first 11 months of the year were 292.32 million tonnes, up 10.6% year-on-year»
«China’s coal output has soared to record daily levels after Beijing ordered miners to boost production immediately to cool prices and plug a power shortage»
«Meanwhile, the amount of coal stored by power plants in the country reached 147 million tonnes as of Nov. 24»
«Last Friday, the powerful National Development and Reform Commission proposed to set 2022 annual thermal coal prices at 550 yuan to 850 yuan ($86 to $133) a tonne»
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Si voglia o meno, sia cosa gradita o meno, è la Cina che determina i prezzi del carbone.
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JSC Siberian Anthracite purchases dump trucks.
The first 240-t mining dump trucks have started work at JSC Siberian Anthracite.
Two cars have already entered the line, six more are planned to be launched by the end of 2021, 10 units of equipment – by the end of 1Q22.
The purchase of high-performance mining dump trucks is carried out as part of a programme to increase production and expand the fleet of heavy equipment. The group’s investments in the acquisition of new equipment exceeded RUB 5 billion. The use of new machines will improve the level of industrial safety and have a positive impact on the environmental situation.
The new mining dump trucks optimally combine increased payload capacity and high technical performance. They have been significantly upgraded in comparison with 220-t vehicles: engine power increased by 200 hp, body volume increased by 10%.
The trucks are fuel efficient and stable on the road, equipped with electronically controlled diesel engines, which provide high power and stable performance. An AC-AC electric drive was chosen as the transmission, which increases the reliability of the dump truck, reduces the cost of the life cycle and 1 t-km of transportation. There is a mini-computer on board that controls all parameters and gives signals in case of failure. The equipment is equipped with automatic fire extinguishing systems and an alarm device about approaching a high-voltage line.
According to Artur Ziyazitdinov, Head of the Department of Motor Transport of Siberian Anthracite JSC, the new equipment will increase the volume of coal production.
“After the launch of all 18 dump trucks, the increase in overburden volume will be 1.5 million m3 or 50 000 m3/d. By increasing the volume of overburden transportation, we will be able to talk about a further increase in coal production.”
At present, approximately 100 dump trucks transporting overburden run on the ‘Siberian Anthracite’ daily.
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China’s November coal imports at highest in 2021.
– Nov coal imports at 35.05 mln T, vs 26.94 mln T in Oct
– Some Australian coal at ports granted customs clearance
– Chinese mines capped prices, domestic inventory at highs
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Beijing, Dec 7 (Reuters) – China’s coal imports hit their highest level of 2021 in November, as the world’s biggest consumer of the dirty fuel scrambled to feed its power system as the winter heating season kicked in.
The country brought in 35.05 million tonnes of coal last month, up from 26.94 million tonnes in October, data from the General Administration of Customs showed on Tuesday.
Chinese coal traders, however, were forced to sell cargoes at losses or tried to delay imports after market intervention triggered a 50% price drop that saddled them with unprofitable supplies.
Chinese authorities since October have also allowed some Australian coal, which had piled up at ports for almost a year due to political tensions between Beijing and Canberra, to pass customs clearance.
Customs data showed that 777,915 tonnes of Australian coking coal was cleared in October.
But China has not lifted an unofficial imports ban on Australian coal, traders said.
November’s arrivals were also far higher than the 11.67 million tonnes brought in a year earlier during a broad curb on coal imports.
Imports in the first 11 months of the year were 292.32 million tonnes, up 10.6% year-on-year, customs data showed.
China’s coal output has soared to record daily levels after Beijing ordered miners to boost production immediately to cool prices and plug a power shortage.
Some coal mines at major Chinese mining regions such as Inner Mongolia and Shanxi have voluntarily capped ex-pit prices in response to Beijing’s call to stabilise the market.
Meanwhile, the amount of coal stored by power plants in the country reached 147 million tonnes as of Nov. 24 and may hit an all-time high by the end of the month.
Last Friday, the powerful National Development and Reform Commission proposed to set 2022 annual thermal coal prices at 550 yuan to 850 yuan ($86 to $133) a tonne, and has told miners and power plants to maximise signing up next year’s supplies via term contracts, Chinese media reported.
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European Power Prices Climbs in Freezing Cold Weather This Week.
Well-below average temperatures across Europe saw daily power prices rise above 200 euros in most major markets for Monday, as the increased demand boost dependence on expensive fossil-fuel plants.
With temperatures in the north of Sweden dropping below -40 Celsius prices in the Nordic regions climbed to the second highest level on record 226.54 euros per megawatt-hour for Monday on Nord Pool. To shore up the balance in the grid, an oil-fired reserve plant was also started in Sweden.
In Poland prices jumped 69% to 240.59 euros, highest levels since day-ahead auction for that market started on Nord Pool in February this year. Prices in Germany rose to 265.39 euros and in France to 282.50 euros, near the highs from earlier this autumn.
With European carbon prices trading within 10 cents of record above 80 euros per ton reached last week, benchmark gas and coal prices elevated by low storage levels, generating power at fossil-fueled plants remains very expensive. It leaves power market exposed very high prices during spells of cold and windless weather.
“European power prices are therefore expected to remain very high in December,” Andy Sommer, head of fundamental analysis & modeling at Axpo Solutions AG, said in emailed note. “Weather in the coming weeks, France’s nuclear plant performance, Russia’s daily gas deliveries and China’s coal policy, are all going to determine if prices rise even higher”
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