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Suifenhe Hengda Economic and Trade Co., Ltd.
Heilongjiang Wanhaote Economic and Trade Co., Ltd.
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The Russian Ministry of Energy proposes to develop an anti-crisis plan for the coal industry
According to information released by the CCA Analysis website on March 31, the Russian coal industry is experiencing an unprecedented systemic crisis.Data show that 27 coal mining companies in Russia (involving a total production capacity of 40 million tons) are facing an existential crisis, and the total coal production of loss-making companies is as high as 126 million tons.
09
2025
/
04
China's coal imports fell below 40 million tons in February
After a lapse of 11 months, China's total coal imports fell again to less than 40 million tons in February 2025, the lowest monthly level since March 2024.Last year, China's average monthly coal imports reached 45.23 million tons.
31
03
Blago Group plans to increase the volume of oilseed processing and export
Blago Group, one of Russia's largest vegetable oil producers, plans to increase its processing capacity this year by investing in existing infrastructure, despite the difficulties of the current agricultural season and the likely decline in processing volumes throughout the industry. "The main growth point for any fat and oil company is exports. We are no exception," Dmitry Fosman, CEO of Blago Group, told Agroinvestor.
The export duty on sunflower oil will be halved in April.
The duty on the export of sunflower oil from Russia, which will be effective in April 2025, is set at 4,568.7 rubles per ton. This is two times lower than in March — 9333.2 rubles per ton.
Moscow Mayor: The bilateral trade volume between Moscow and China increased by 7.7% in the first nine months of 2024.
Moscow Mayor Sobyanin announced that the bilateral trade volume between Moscow and China increased by 7.7% year-on-year in the first nine months of 2024. The message stated: 'Bilateral trade between Moscow and China continues to grow. In the first nine months of 2024, the trade volume increased by 7.7% year-on-year. Moscow accounts for more than 40% of the total trade volume between Russia and China.'
30
2024
12
China accounts for about 80% of the total foreign trade in Irkutsk Oblast, Russia.
During the visit of the business delegation to China, Marina Petrova, the Deputy Minister of Economic Development and Industry of Irkutsk Oblast, stated that China accounts for about 80% of Irkutsk Oblast's foreign trade.
In November, the amount of coal exported from Russian railways to China continued to decline month-on-month, but increased by 8.01% year-on-year.
Preliminary data from the Metals & Mining Intelligence consulting company shows that in November, the amount of coal exported by rail from Russia to China was 7.458 million tons, a month-on-month decrease of 6.90%, marking a decline for the second consecutive month, but an increase of 8.01% year-on-year.
In the first three quarters, coal transshipment at Russian seaports decreased by 11.2% year-on-year.
According to recent information released by IAA PortNews and the IPEM Institute, the cargo throughput of Russian seaports has continued to decline this year, with a 1% decrease in throughput in the third quarter of 2024 compared to the same period last year, marking the fourth consecutive quarter of year-on-year decline.
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