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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

Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...


Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...


Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...


Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...


Thursday, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cov ...


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