Coal Enterprises Face Rising Sales Pressure Despite Production Growth

Since the beginning of this year, due to sluggish demand, the sales performance of coal enterprises has generally been less than ideal, but production has generally maintained growth. With one increasing and the other decreasing, sales pressure has continued to intensify, and various enterprises have taken corresponding measures to boost sales.

In Q1, Yanzhou Coal Energy's commercial coal production increased by 6.26% YoY, while sales decreased by 6.34%. In March, China Shenhua's commercial coal production increased by 1.7%, while sales decreased by 13.5%; cumulative production in Q1 decreased by 1.1%, and sales decreased by 15.3%. In Q1, China Coal Energy's commercial coal production increased by 1.9%, while sales slightly increased by 0.4%.