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Saturday, February 26, 2011

North China ports see coal stocks up 10.18 pct


Feb 26,2011

Coal stockpiles at four major loading ports in northern China slightly surged 10.18 percent in the week from Feb 18 to 27, according to a report published by industry portal cqcoal.com.

As of Feb 27, a total of 16.24 million tonnes coal was stockpiled in ports of Qinhuangdao, SDIC Caofeidian, Jingtang and Tianjin ports, increasing 1.5 million tonnes from a week ago.

Qinhuangdao, China’s top loading port of the fuel, had 8.26 million tonnes coal in stock on Feb 27, jumping 11.33 percent or 841,000 tonnes from the previous week, data showed.

Meanwhile, coal stocks at ports of SDIC Caofeidian, Jingtang and Tianjin grew 5.77 percent, 16.87 percent and 6.08 percent to 2.38 million, 3.74 million and 1.86 million tonnes respectively, an increase of 130,000, 540,000 and 107,000 tonnes from a week ago, according to statistics.

Navigation at Qinhuangdao and Jingtang ports was closed for 47 and nearly 54 hours, 40 hours each for Caofeidian and Tianjin ports. Meanwhile, coal handled at these ports plunged.

(China Coal Resource, en.sxcoal)

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