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China coal at port falls 1.4%

China coal at port falls 1.4%

Combined coal stocks at China's four major Bohai Sea ports have fallen by 188,000 mt or 1.4% week on week, to stand at 13.98 million mt. 

However, the drop is attributed to partial maintenance on the Datong-Qinhuangdao railroad over October 8-22 which that cut inbound coal railings to the ports by about 15%.

Coal stocks at Qinhuangdao Port rose 3.8% week on week to 5.29 million mt Sunday; stocks at Caofeidian Port rose 5.1% to 2.97 million mt.

However, stocks at Jingtang Port fell 7.9%% to 2.56 million mt and stocks at Tianjin Port slipped 1.7% to 2.95 million mt.

Queuing vessels at the four major sea ports totaled 182 Sunday, up from 163 a week earlier, the port said in a statement.

Qinhuangdao Port held 93 vessels Sunday, down one week on week; Jingtang Port 32 vessels, up eight week on week; Tianjin Port 35 vessels, up 14 week on week; and Caofeidian Port 22 vessels, down two week on week.

Coal stocks at Fangcheng Port in southern China's Guangxi Zhuang Autonomous Region, a key import facility for coal from South Africa, stood at 5.05 million mt Sunday, down 3.6% from 5.24 million mt a week earlier, a port source said. Stocks at Fangcheng Port stood at 5.48 million mt October 14 and 5.3 million mt October 7.

 

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