China Coal Mining

Coal output at the two largest Chinese coal producers declined in September

Coal output at China’s largest coal producer Shenhua declined to 23.1m tonnes in September, down 0.4% m-o-m and down 9.1% y-o-y. Despite that, coal production increased to 221.3m tonnes over the first 9 months of the year, up 8m tonnes or 3.8% y-o-y.

China’s second largest coal producer, China Coal Energy, also reported fall in output in September to 6.4m tonnes, down 1.5% m-o-m and down 1.4% y-o-y. This takes the coal output to 58.6m tonnes over the Jan.-Sept. period, down 1.7m tonnes or 2.9% y-o-y.

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Coal sales at Shenhua also decreased to 35.2m tonnes last month, down 7.9% m-o-m and down 2.8% y-o-y. Despite that, overall coal sales increased to 328.3m tonnes, up 40.1m tonnes or 13.9% y-o-y.

China Coal Energy sold 11.7m tonnes in September, up 2.5% m-o-m and up 3.9% y-o-y. Despite that, coal sales declined to 96.8m tonnes, down 3.5m tonnes or 3.5% y-o-y.

Source: Shenhua Energy, China Coal Energy