Coal stocks at the Bohai Sea ports increased to 14.4m tonnes as of 16 October, up 1.4% w-o-w and up 36.6% y-o-y. This includes coal stocks at China’s largest coal hub, Qinhuangdao, which increased to the highest level since early January at 7.1m tonnes, up 7% w-o-w and up 101.6% y-o-y.
Stocks at Caofeidian Port, which declined by 5.9% w-o-w to 2.7m tonnes. However, coal inventories were still 11.5% higher y-o-y.
Inventories at Jingtang also increased to 2.8m tonnes, up 1.5% w-o-w and up 2.6% y-o-y. Stocks at Shenhua owned, Huanghua Port increased to 1.8m tonnes, up 7.8% w-o-w and up 25.4% y-o-y.