Coal stocks at major Chinese power generators fall on higher demand
Huaihua, Hunan (Platts)--15Nov2012/327 am EST/827 GMT
Combined coal stocks at six major power generators in eastern and
southern China averaged 13.705 million mt/day in the week ended Tuesday, down
1.3% from the previous seven-day period, Qinhuangdao Port said Thursday in a
The stocks held by Zhejiang Power, Shanghai Power, Guangdong (Yudean)
Power, Guodian, Datang and Huaneng could cover an average of 22.6 days of
consumption at their power plants, down 1.1 days week on week, the report
Of the six, Zhejiang Power's average daily coal stocks edged up 0.3%
week on week to 4.030 million mt Tuesday. Guangdong Power's stocks, however,
dropped 5.1% to 1.485 million mt; and Shanghai Power's stocks dropped 3.8% to
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Guodian's average daily coal stocks dropped 2.1% to 3.381 million mt in
the week ended Tuesday; Huaneng's stocks fell 2.2% to 3.384 million mt; and
Datang's rose 6.3% to 936,300 mt.
The six power generators consumed a combined 4.250 million mt of coal,
or an average 607,200 mt/day, in the week to Tuesday, up 3.5% week on week.
Zhejiang Power's average coal consumption rose 6.3% week on week to
111,300 mt/day; Guangdong Power's rose 1.5% to 71,100 mt/day; and Shanghai
Power's went up 4.2% to 25,000 mt/day.
Guodian's average coal consumption slipped 1.6% week on week to 119,800
mt/day. Huaneng's edged up 2.6% to 184,800 mt/day; and Datang's 11% to 95,100
Zhejiang Power, Guangdong Power and Shanghai Power are regional
electricity generators whereas the rest are national power generators.
Combined coal stocks at all key power plants across the country totaled
94.03 million mt as of October 23, able to cover an average of 31 days of
burning, according to figures from the National Development and Reform
Commission released on October 30.
--Reggie Le, email@example.com
--Edited by E Shailaja Nair, firstname.lastname@example.org