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Tuesday, 29 December 09
PROFIT IN COAL INDUSTRY DOWN 9.4% Y-O-Y IN JAN.- NOV.


In November, China's coal production was 289mln tons, up 26.3% year on year, an increase of 5.2% over last month. China's average daily trucks loading coal were 73859 units, up 1% from last month and 11.6% year on year. The coal shipment was 150mln tons, boosted by 1.8% year on year.

Coal inventory increased at the main transshipment ports and the stockpiled coal in power plants declined. In the end of November, coal inventory was 7.2mln tons at Qinhuangdao Port, up 70,000 tons over last month and down 12.5mln tons year on year. Coal inventory was 23.8mln tons in power- supplying plants, down 4.91mln tons over last month and 27.84mln tons year on year.

In Jan. - Nov., China's raw coal output was 2.705bln tons, up 12.6% year on year, down 0.8% year on year. TO read more  MetalBiz / Alibaba



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Recent News

Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...


Saturday, 02 January 10
INDONESIAS COAL OUTPUT RISES BY 5%
Indonesia, Asia’s largest coal exporter, produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008 and well ahead of the gov ...


Saturday, 02 January 10
TAIPOWER FORECASTS COAL DEMAND TO SNAP DECLINE
Taiwan Power Co., Asia's biggest importer of thermal coal, expects its demand for the fuel to rise in 2010 after falling for two years as the islan ...


Friday, 01 January 10
COAL INDIA TO START IMPORTING DIRECTLY
According to sources, the coal major has already finalised tender document to import four million tonnes thermal grade coal for supplies to NTPC. Th ...


Thursday, 31 December 09
INDONESIA SEES 2010 MINING INVESTMENT UP 39 PCT
Reuters reported that, Indonesian mining investment is expected to hit $2.5 billion next year, up from $1.81 billion in 2009, supported by greater c ...


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