Publicado: Dec 17, 2023 09:44
【China's coal supply maintains a relatively high level in the first 11 months of this year】The China Coal Industry Association has released a report stating that since November, the country's economy has shown signs of recovery, and domestic demand for heating coal has entered the peak season, leading to a rapid growth in coal consumption. Domestic coal supply is relatively sufficient, and the overall market supply and demand is balanced. Data shows that in November, the production of raw coal reached 410 million tons, an increase of 4.6% compared to the same period last year, with a growth rate 0.8 percentage points higher than that of October, and a daily output of 13.799 million tons. From January to November, the production of raw coal reached 4.24 billion tons, an increase of 2.9% compared to the same period last year. In terms of coal reserves, by the end of November, the coal stockpile at power plants nationwide exceeded 200 million tons, an increase of approximately 6 million tons compared to the end of October, and an increase of roughly 28 million tons compared to the same period last year, with approximately 33 days of coal reserves available.

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【China's coal supply maintains a relatively high level in the first 11 - Shanghai Metals Market (SMM)