China Coal Storage Forecast to Hit High: Xinhua

Coal inventories at China’s power plants continue to expand rapidly and may hit an all-time high by the end of this month, according to the National Development and Reform Commission (NDRC), Xinhua reported.

Coal supplies for power use have been rising sharply since October and, since mid-November the average daily national coal supply has been 8.6 million tonnes, the NDRC said.

Read the full report: Xinhua

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.