Combined Coal Stocks at Six Major Power Plants Averaged 13.777 Million Mt/Day

Combined coal stocks at six major power plants in eastern and southern China averaged 13.777 million mt/day in the week ended Tuesday, up 0.5% from the previous seven-day period, Qinhuangdao Port said Thursday in a weekly report.

The stocks held by Zhejiang Power, Shanghai Power, Guangdong (Yudean) Power, Guodian, Datang and Huaneng can last for an average of 22.1 days of consumption, down 0.5 days week on week, the report added.

Of these, Zhejiang Power's average daily coal stocks dropped 2.6% week on week to 3.926 million mt and Shanghai Power's 7.2% to 454,300 mt. Guangdong Power's stocks, however, rose 4% to 1.544 million mt.

Guodian's average daily coal stocks also slipped 2.6% to 3.292 million mt in the week ended Tuesday, while Huaneng's rose 4.1% to 3.521 million mt and Datang's inventory jumped 11.2% to 1.041 million mt.

The six power plants consumed 4.373 million mt of coal, or an average 624,700 mt/day, in the week to Tuesday, up 2.9% week on week.

Zhejiang Power's average coal consumption rose 0.9% week on week to 112,300 mt/day, while Shanghai Power's jumped 24.0% to 31,000 mt/day. Guangdong Power's consumption dropped 2.8% week on week to 69,100 mt/day. Guodian's average coal consumption rose 3.5% week on week to 124,000 mt/day and Huaneng's 6.8% to 197,400 mt/day. Datang's average coal consumption, however, fell 4.5% to 90,900 mt/day.

Zhejiang Power, Guangdong Power and Shanghai Power are regional power plants while the rest are national supplying electricity for the whole country.

Combined coal stocks at key power plants across China totaled 93.71 million mt at the end of October, equivalent to 29 days of burn, according to figures released by the National Development and Reform Commission on Tuesday.