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Wednesday, November 23, 2011

Coal Stockpiles at China main ports rebound to 13 million tonnes

Wednesday, 23 Nov 2011

Coal inventories at the four major harbors around Bohai Sea increased to 13.877 million tonnes due to severe weather in the week ending November 20 up by 16.11% or 1.926 million tonnes marking the highest growth at record.

Coal Stocks at Major Ports around Bohai Sea during November 14 to 20 2011

Port Coal StocksUp/Down Growth%
Qinhuangdao port 687 104.7 17.98
Jingtang port226 36 18.94
SDIC Caofeidian port240 35 17.07
Tianjin port 234.7 16.9 7.75

(In 10,000 tonnes)

Industry sources said that coal stocks at the four ports will fall slightly once weather turns better and thermal coal prices are expected to edge down accordingly.

(source: steelhome.cn/en)

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