Huaihua, Hunan (Platts)--13Dec2012/517 am EST/1017 GMT

Combined coal stocks held by five major power generation companies averaged 12.115 million mt/d in the week ended Tuesday, up 2.2% from the previous week, Qinhuangdao Port said in a statement Thursday.

The stocks held by Zhejiang Power, Shanghai Power, Guodian, Datang and Huaneng will be able to last for an average 23.7 days of consumption, up 0.9 days week on week, the report said.

According to the port, data from Guangdong Power (Yudean) is being revised and was not included in this week's report. For comparison purposes, the data for the previous week also excludes the utility.

Of the five utilities, Zhejiang Power's average daily coal stocks rose 5.1% week on week to 4.049 million mt Tuesday; Shanghai Power's rose 4.5% to 457,700 mt; Guodian's dropped 1.5% to 3.126 million mt; Huaneng's rose 2.2% to 3.38 million mt and Datang's rose 2% to 1.10 million mt.

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The five utilities consumed a combined 3.914 million mt of coal, or an average 559,100 mt/d, in the week to Tuesday, up 3.6% week on week.

Zhejiang Power's average coal consumption rose 10.3% week on week to 121,300 mt/d; Shanghai Power's rose 9% to 31,100 mt/d; Guodian's jumped 10% to 136,500 mt/d; Huaneng's rose 3.1% to 204,400 mt/d while Datang's fell 16.4% to 65,700 mt/d.

Zhejiang Power, Guangdong Power and Shanghai Power are regional electricity companies while the rest are national power generators. The data applies only to the companies' power plants in eastern and southern China.

--Reggie Le, newsdesk@platts.com
--Edited by Deepa Vijiyasingam, deepa_vijiyasingam@platts.com

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