Chia Coal Production Rose 2.2% Yoy In August

According to the China Coal Association (CNCA), in August, the production of major energy products in industries above designated size maintained growth, with raw coal production accelerating. Data show that the supply in coal markets was relatively sufficient in August, with coal output reaching 380 million mt, a year-on-year increase of 2.2%. The overall social inventory of coal remained high, with the storage of 61.33 million mt in domestic major ports at the end of August, down 13.6% from the end of July.