Chinese Daily Coal Consumption Soars
Chinese Coal Demand
After the long holiday during October 1 to 7, manufacturers in China resumed working gradually and daily coal consumption of key power plants jumped up.
During October 9 to 15, coal inventory in Chinese large-scaled power plants increased, compared to the stockpiles one week earlier. For example, Zhejiang Power Group, Shanghai Power and China Guodian Corp witnessed a 10 percent increase in coal stockpiles; Datang Corp. inventory was around 640,000 tonnes, a leap of 19.46%.
Daily consumption also moved forward. For instance, the daily consumption of Shanghai Power and China Guodian Corp. soared 25.42% and 19.76% respectively, of which, Shanghai Power’s consumption was 31,700 tonnes a day.
Up to October 15, the coal stockpiles of Guangdong Yudean Group, Datang Corp. and Huaneng Group could be used for 14 days, 9 days and 15 days respectively.
Source: en.steelhome.cn
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