Trade Resources Industry Views Combined Coal Stocks Held by Six Major Power Generations Averaged 14.269 Million Mt/D

Combined Coal Stocks Held by Six Major Power Generations Averaged 14.269 Million Mt/D

Combined coal stocks held by six major power generation companies, based in eastern and southern China, averaged 14.269 million mt/d in the week ended Tuesday, down 6% from the previous week, Qinhuangdao Port said in a weekly report on Thursday.

The stocks held by the six utilities -- Zhejiang Power, Shanghai Power, Guangdong Power (Yudean), Guodian, Datang and Huaneng -- will be able to last for an average 20.8 days of consumption, up 0.3 days week on week, according to the report.

The six utilities consumed a combined 4.816 million mt of coal, or an average 688,000 mt/d, in the week to Tuesday, down 4% week on week.

Zhejiang Power, Shanghai Power and Guangdong Power are regional electricity companies while the rest are national power generation companies.

Source: http://news.chemnet.com/Chemical-News/detail-1802960.html
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Coal Stocks Held by 6 Major China Power Generators Down 6% on Week
Topics: Chemicals