Coal news and updates

Coal stocks at China's four major Bohai Sea ports totaled 17.185 million mt on Sunday, down 600,000 mt or 3.4% week on week, Qinhuangdao Port said Monday.

 

Coal stocks at Qinhuangdao Port fell 9.7% week on week to 5.74 million mt on Sunday, while stocks at Caofeidian Port dropped 5.5% to 4.68 million mt.

 

However, stocks at Jingtang Port rose 3.6% to 4.25 million mt and stocks at Tianjin Port rose 6.8% to 2.52 million mt.

 

The number of vessels queuing at the four ports totaled 155, up from 125 a week ago, Qinhuangdao Port said.

 

Meanwhile, coal stocks at southern China's Fangcheng Port, a key facility for imports of Australian and South African thermal coal, stood at 4.57 million mt on Sunday, up from 4.26 million mt a week ago, according to a port source. A recent increase in inbound coal shipments has resulted in an increase in coal stocks at the port, the source said.

 

Source: Platts