Coal costs for power plants along Yangtze River finally stabilize

Thursday, 23 June 2011 17:35:12 (GMT+3)   |  

The costs of coal for power plants along the Yangtze River in eastern China are reported to have finally stabilized, ending 80 days of a rising trend. This means that, through the coordinated efforts of China's National Development and Reform Commission (NDRC) and the National Energy Bureau, prices in the domestic coal market in China have finally stopped rising in the summer period of peak electricity demand.

Meanwhile, coal stocks in eastern China have continued to rise. As of June 20, coal inventory of the main power plants along the Yangtze River had risen to 2.17 million mt, an increase of nearly 50 percent within two months.


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