North China ports see coal stocks down 0.88 pct

Feb 18,2011

Coal stockpiles at four major loading ports in northern China slightly decreased 0.88 percent in the week from Feb 11 to 17, according to a report published by industry portal cqcoal.com.

As of Feb 17, a total of 14.74 million tonnes coal was stockpiled in ports of Qinhuangdao, SDIC Caofeidian, Jingtang and Tianjin, dropping 132,000 tonnes from a week ago.

Qinhuangdao, China’s top loading port of the fuel, had 7.38 million tonnes coal in stock on Feb 17, up 2.92 percent or 227,000 tonnes from the previous week, data showed.

Meanwhile, coal stocks at ports of SDIC Caofeidian and Jingtang grew 4.67 percent and 4.93 percent to 2.24 million and 3.19 million tonnes respectively, an increase of 100,000 and 150,000 tonnes, while that at Tianjin port declined 8.02 percent or 155,000 tonnes from a week ago to 1.78 million tonnes, according to statistics.

Coal shippers were active to transport power generating coal to secure power supply in southern China during the Spring Festival

Meanwhile, downstream main power plants sent more vessels to ports to load coal, primarily in-plan power coal, to replenish their stocks.

(sourced:en.sxcoal.com)