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
READ MORE:
China Coal Output Jumps to Multi-Year High, Prices Likely to Fall
China’s Coal Prices Fall as Output Nears Annual High