China’s Coal Inventories Hit Two-Year High
What’s new: China’s coal inventories hit a two-year high in the first week of December, according to power producers surveyed by the China Electricity Council (CEC).
By the week ending on Dec. 2, coal stores reached 107.26 million tons, up 3.44% week-on-week, and were enough to supply the surveyed companies’ coal-fired plants for 22.1 days, according to a weekly report (link in Chinese) published Monday. In late October, the figure was at 15.5 days.
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