Huaihua, Hunan (Platts)--8Nov2012/431 am EST/931 GMT
Combined coal stocks at six major power generators in eastern and southern China averaged 13.886 million mt/day in the week ended Tuesday, down 1.9% from the previous seven-day period, Qinhuangdao Port said Thursday. The stocks held by Zhejiang Power, Shanghai Power, Guangdong (Yudean) Power, Guodian, Datang and Huaneng can cover a total of 23.7 days of consumption at their power plants, down 0.9 days week on week, the report said. Of the six, Zhejiang Power's average daily coal stocks dropped 1.0% week on week to 4.019 million mt Tuesday; Guangdong Power's slipped 9.1% to 1.565 million mt, and Shanghai Power's rose 0.9% to 508,600 mt. Article continues below...Request a free trial of: International Coal ReportInternational Coal Report and its daily companion, Coal Trader International, deliver expert and respected price assessments for coal trading in the Atlantic and Pacific markets including price assessments for European CIF ARA, FOB Newcastle, Richards Bay and Indonesia.
Combined coal stocks at six major power generators in eastern and southern China averaged 13.886 million mt/day in the week ended Tuesday, down 1.9% from the previous seven-day period, Qinhuangdao Port said Thursday. The stocks held by Zhejiang Power, Shanghai Power, Guangdong (Yudean) Power, Guodian, Datang and Huaneng can cover a total of 23.7 days of consumption at their power plants, down 0.9 days week on week, the report said. Of the six, Zhejiang Power's average daily coal stocks dropped 1.0% week on week to 4.019 million mt Tuesday; Guangdong Power's slipped 9.1% to 1.565 million mt, and Shanghai Power's rose 0.9% to 508,600 mt.
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International Coal Report and its daily companion, Coal Trader International, deliver expert and respected price assessments for coal trading in the Atlantic and Pacific markets including price assessments for European CIF ARA, FOB Newcastle, Richards Bay and Indonesia.
Guodian's average daily coal stocks dropped 4.4% to 3.454 million mt in the week ended Tuesday; Huaneng's rose 0.6% to 3.459 million mt; and Datang's rose 8.8% to 881,100 mt. The six power generators consumed a combined 4.105 million mt of coal, or an average 586,400 mt/day, in the week to Tuesday, up 1.8% week on week. Zhejiang Power's average coal consumption slipped 0.7% week on week to 104,700 mt/day; Guangdong Power's dropped 4.7% to 70,000 mt/day; and Shanghai Power's jumped 37.7% to 24,000 mt/d. Guodian's average coal consumption rose 2.0% to 121,800 mt/day; Huaneng's edged up 0.3% to 180,100 mt/day; and Datang's rose 6.2% to 85,700 mt/day. --Reggie Le, newsdesk@platts.com --Edited by Elston Soares, elston_soares@platts.com
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