Market Flash

Last week, the domestic power coal market was weak, the price of coal in the production area fell too much and rose little, the port market continued to be cold, and the price of coal fell steadily.

• industry

Recently, Bahri, Saudi Aramco's shipping department, has issued a letter of intent to hire 12 liquefied natural gas (LNG) ships from 2025.

• LNG

On December 16, the new office held a press conference on the operation of the national economy in November 2019.

• economy

According to global petrochemical news on December 5, 2019, Houston reported that the spot price of polymer grade propylene in the United States fell by 1.25 cents on Thursday.

• industry

Wood McKenzie said Qatar is using liquefied natural gas (LNG) as its first energy source because its annual total production of LNG is expected to grow by about 64%.

• LNG

December 10, the EIA said that the United States is expected to become a net exporter of annual crude oil and fuel for the first time in history next year, greatly reducing its dependence on foreign oil due to the surge in crude oil production.

• oil

Up to now, the annual order meeting of major mainstream coal enterprises has been coming to an end, among which the annual long-term price of coking coal for 20 years is mainly stable.

• industry

KNOC said this week it expects to build an underground strategic crude oil storage facility in the southeastern city of Ulsan by June 2021.

• oil

Valemininggroup said in a statement that it will increase coal production in the second half of 2020, and its moatize coal mine in Tete province of Mozambique is expected to produce 15 million tons per year.

• coal

By the end of November, Binchang branch of Shaanxi coal transportation and marketing group had shipped 1559000 tons of coal to Chongqing Hechuan power plant of SDIC, an increase of 573000 tons on a year-on-year basis, with a growth rate of 58.1%.

• coal

At a grand ceremony held in the Great Hall of the people in Beijing on December 10, Abdulaziz muhadib, director of Beijing Research and development center, accepted the Award presented by Li Shousheng.

• industry

KOREA PHARM & BIO is the most influential exhibition in the Korean pharmaceutical & Bio-pharma market, and more than 150 exhibitors are participating this event to introduce their new products.

• Pharmaceutical

According to neftegaz.ru.nursultan, Kazakhstan's Deputy Minister of energy, aset magauov, said an agreement to supply Kazakhstan's oil to Belarus could be signed early next year.

• oil

Ali & Sons offshore engineering plant (asmef) is a company dedicated to the ocean and oil and gas industry in the UAE, cooperating with Rosetti Marino group, an Italian general contractor in the global oil and gas industry.

• oil

As of December 2, Shanxi coke has produced 1652300 tons of coke this year, completing the contracted production target 24 days in advance.

• industry

Petronas has raised about 6 billion ringgit (US $1.4 billion) by reducing its stake in three listed companies, people familiar with the matter said.

• industry

As of December 2, Shanxi coke has produced 1652300 tons of coke this year, completing the contracted production target 24 days in advance.

• coke

To ensure that the collection and upload of the perceptual data of coal mines are completed before the end of the year is to promote the construction process of coal mine informatization.

• industry

On December 16, the new office held a press conference on the operation of the national economy in November 2019.

• consumption

The intensive policy support further promotes the industrial transfer in the central part of China.

• industry