China Coal

Chinese Shenhua produced 24.7Mt of coal in July

China’s top coal producer, Shenhua, reported coal output at 24.7m tonnes in July, down 1.2% m-o-m but still 6% higher y-o-y. This takes the coal production to 170.5m tonnes over the Jan.-July period, down 4.5m tonnes or 2.6% y-o-y.

Shenhua sold 35m tonnes of coal in July, down 10.5% m-o-m but this was still 1.7% higher y-o-y. Coal sales increased to 260m tonnes over the Jan.-July period, up 5.4m tonnes or 2.1% y-o-y.

Source: Shenhua