Friday, 16 Sep 2011
Coal shipment at Qinhuangdao port, China top coal loading port increased by 9.27% or 458,000 tonnes from a week earlier to 5.508 million tonnes in the week from September 5 to September 11 averaging 786,900 tonnes per day.
Coal handling at the port has witnessed a sharp rise of nearly 1.76 million tonnes within five weeks on the back of stronger demand before overhaul of Daqin railway starts.
In the week, coal haulage to the port via railway registered 4.904 million tonnes, a drop of 5.02% or 259,000 tonnes from the prior week, averaging 700,600 tonnes per day. This marks the end of three consecutive weeks’ increase in coal deliveries to the port.
Up to September 10, coal stockpiles at the port fell by more than 8% or 604,000 tonnes to 6.676 million tonnes. Thermal coal prices at major ports around Bohai Sea headed up after 9 consecutive weeks' fall. The latest Bohai-Rim Steam-Coal Price Index, or BSPI, indicates that the price of thermal coal with calorific value of 5500 Kcal/kg averaged at CNY 826 per tonne up 0.12% or CNY 1 per tonne from a week earlier.
(source steelhome)
Coal shipment at Qinhuangdao port, China top coal loading port increased by 9.27% or 458,000 tonnes from a week earlier to 5.508 million tonnes in the week from September 5 to September 11 averaging 786,900 tonnes per day.
Coal handling at the port has witnessed a sharp rise of nearly 1.76 million tonnes within five weeks on the back of stronger demand before overhaul of Daqin railway starts.
In the week, coal haulage to the port via railway registered 4.904 million tonnes, a drop of 5.02% or 259,000 tonnes from the prior week, averaging 700,600 tonnes per day. This marks the end of three consecutive weeks’ increase in coal deliveries to the port.
Up to September 10, coal stockpiles at the port fell by more than 8% or 604,000 tonnes to 6.676 million tonnes. Thermal coal prices at major ports around Bohai Sea headed up after 9 consecutive weeks' fall. The latest Bohai-Rim Steam-Coal Price Index, or BSPI, indicates that the price of thermal coal with calorific value of 5500 Kcal/kg averaged at CNY 826 per tonne up 0.12% or CNY 1 per tonne from a week earlier.
(source steelhome)
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