Coal stocks at China's key power plants total 93.71 mil mt end Oct: NDRC

Huaihua, Hunan (Platts)--20Nov2012/405 am EST/905 GMT


Coal stocks at key power plants across China totaled 93.71 million mt at the end of October, National Development and Reform Commission data released Tuesday showed. It did not give a year-on-year comparison.

The stocks will last for 29 days of consumption, up from 21 days a year ago, the NDRC said.

Combined coal stocks at China's major coal ports totaled 35.62 million mt at the end of October, up 37% year on year, according to the NDRC figures.

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Over January-October China's railroads transported 1.87 billion mt of coal, down 0.6% year on year. In the same period, China was a net coal importer by 217 million mt, with exports at about 7.9 million mt and imports at about 224.9 million mt, the NDRC data showed.

--Reggie Le, newsdesk@platts.com --Edited by Haripriya Banerjee, haripriya_banerjee@platts.com