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