SDIC Jingtang port coal stock rises last wk

Feb 28, 2011 By en.sxcoal

Coal stockpiled at SDIC Jingtang port, one of North China’s main loading ports, increased 13.37 percent in the week from Feb 22 to 28, according to a report from Qinhuangdao Seaborne Coal Market.

During the week, daily coal inventory at the port rose 235,800 tonnes on average from the previous week to 2 million tonnes, said the report.

As of Feb 28, Jingtang port had 2.05 million tonnes coal in stock, the highest stock since 2009.

Statistics showed coal transported to the port via railway decreased 49,700 tonnes to 873,900 tonnes last week, down 5.38 percent from a week ago, averaging 124,800 tonnes per day.

As Jingtang port closed the navigation for 20 hours due to gale occurred on Feb 27, coal handling at the port fell 167,000 tonnes or 24.42 percent from the previous week to 651,000 tonnes, averaging 93,000 tonnes a day, it added.

There were a total of 202 vessels waiting off the port last week, jumping 44.28 percent from a week ago or 62 vessels more.