Coal inventory drops at China’s Qinghuangdao port

Tuesday, 05 October 2010 16:19:24 (GMT+3)   |  
       

The eastern Chinese port of Qinghuangdao has reported 7.0847 million mt of coal inventory on September 27, down 1.2213 million mt or 14.7 percent week on week, following decreases in coal inventory over the previous two weeks.

According to a report by BOC International (China) Limited, Daqin railway started a 20-day overhaul from September 20, causing coal deliveries to Qinhuangdao port to drop.

One analyst with CITIC Securities Co., Ltd has indicated that, although Chinese central government policy to save energy and cut emissions has created difficulties, regional policies and a recovery in the market may keep coal supply and demand in balance.


Similar articles

Carbon and stainless scrap prices in Taiwanese domestic market - week 13, 2024

28 Mar | Scrap & Raw Materials

Turkey’s deep sea scrap prices stabilize at $385-390/mt CFR

28 Mar | Scrap & Raw Materials

Iron ore prices drop by over $9//mt week on week, mood remains bad

28 Mar | Scrap & Raw Materials

Goa government to ease policy for liquidating iron ore dumps lying on private land

28 Mar | Steel News

Ex-Brazil BPI exporters achieve slight rise in latest deals to US amid better scrap sentiment

28 Mar | Scrap & Raw Materials

Global DRI output up 7.6 percent in February

28 Mar | Steel News

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

MOC: Average steel prices in China down slightly during Mar 18-24

28 Mar | Steel News

US scrap market still expecting sideways pricing in April

27 Mar | Scrap & Raw Materials