Huaihua, Hunan (Platts)--25Jan2013/629 am EST/1129 GMT
Combined coal stocks held by six major power generation companies, based in eastern and southern China, averaged 14.269 million mt/d in the week ended Tuesday, down 6% from the previous week, Qinhuangdao Port said in a weekly report on Thursday. The stocks held by the six utilities -- Zhejiang Power, Shanghai Power, Guangdong Power (Yudean), Guodian, Datang and Huaneng -- will be able to last for an average 20.8 days of consumption, up 0.3 days week on week, according to the report. The six utilities consumed a combined 4.816 million mt of coal, or an average 688,000 mt/d, in the week to Tuesday, down 4% week on week. Zhejiang Power, Shanghai Power and Guangdong Power are regional electricity companies while the rest are national power generation companies. --Reggie Le, newsdesk@platts.com--Edited by Deepa Vijiyasingam, deepa_vijiyasingam@platts.com Request a free trial of: International Coal Report 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.
Combined coal stocks held by six major power generation companies, based in eastern and southern China, averaged 14.269 million mt/d in the week ended Tuesday, down 6% from the previous week, Qinhuangdao Port said in a weekly report on Thursday. The stocks held by the six utilities -- Zhejiang Power, Shanghai Power, Guangdong Power (Yudean), Guodian, Datang and Huaneng -- will be able to last for an average 20.8 days of consumption, up 0.3 days week on week, according to the report. The six utilities consumed a combined 4.816 million mt of coal, or an average 688,000 mt/d, in the week to Tuesday, down 4% week on week. Zhejiang Power, Shanghai Power and Guangdong Power are regional electricity companies while the rest are national power generation companies. --Reggie Le, newsdesk@platts.com--Edited by Deepa Vijiyasingam, deepa_vijiyasingam@platts.com
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.
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