Coal news and updates

China’s consumption of coal for electricity generation has gradually slid since early August, with the daily coal use at the coal-fired power houses under the national grid network totaling 6.3 million tonnes on August 23, down 15% or 1.1 million tonnes from the peak on July 15, the country’s National Development and Reform Commission (NDRC) shared in a post on Wednesday.

 

With the ebbing demand, coal stocks at Chinese ports have started to mount over the same period, and by August 24, total coal stocks at Qinhuangdao port in North China’s Hebei province reached 4.7 million tonnes, up around 600,000 tonnes from that at the end of July, NDRC disclosed. 

 

Source : https://www.mysteel.net/article/5025350-0501/NDRC--Chinas-thermal-coal-consumption-falls-from-peak.html