Date
15 August 2018

Plentiful coal supplies tipped for final quarter, paper says

Mainland coal supplies will remain generally high in the fourth quarter and will only fluctuate as a result of weather conditions, the China Securities Journal reported Monday, citing China Coal Transportation & Sale Society researcher Hao Xiangbin as saying. Hao added that supplies will also be generally abundant next year. Traditionally, half of China’s coal supply is used for power generation, with the bulk of the remainder used in heavy industries such as steel, construction materials and petrochemical, the report said.

– Contact HKEJ at [email protected]

EL/AC/SK

 

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