Coal inventories at the four major harbors around Bohai Sea witnessed a fall after rising for five weeks in a row.
Coal stockpiles at the four major harbors decreased to 11.951 million tonnes in the week ending November 13, down 2.24 percent or 274,000 tonnes from 12.225 million tonnes in the previous week.
Coal Stocks at Major Ports around Bohai Sea During Nov.7-13, 2011
| Port | Coal Stocks (in 10,000 tonnes) | Up/Down (in 10,000 tonnes) | Growth% |
| Qinhuangdao port | 582.3 | -29.2 | -4.77 |
| Jingtang port | 190 | 5 | 2.7 |
| SDIC Caofeidian port | 205 | 2 | 0.98 |
| Tianjin port | 217.8 | -5.2 | -2.33 |
Industry sources said that coal stocks at the four ports will edge up next week given the weakening demand from downstream sectors and correspondingly thermal coal prices will show slight rise.
sourced steelhome.cn/en
Posts
No comments:
Post a Comment