Shenhua coal output remains high in May

Chinese top coal producer Shenhua produced 24.1m tonnes of raw coal in May, down 1.6% m-o-m but still was 7.6% higher y-o-y. Shenhua produced 126.6m tonnes of coal over the first 5 months of the year, up 9.6m tonnes or 8.2% y-o-y.

Shenhua coal sales totalled 33.7m tonnes in May, down 4.3% m-o-m but still were 17.4% higher y-o-y. Despite that coal sales increased to 182.2m tonnes over the Jan.-May period, up 33.9m tonnes or 22.9% y-o-y.

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