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Coal Stocks at China's Four Major Bohai Sea Ports Totaled 19.95 Million Mt on March 9

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Core Tip: Coal stocks at China's four major Bohai Sea ports totaled 19.95 million mt on March 9, down 459,000 mt or 2.2% week on week, Qinhuangdao Port said Monday. Coal stocks at Qinhuangdao Port edged up

Coal stocks at China's four major Bohai Sea ports totaled 19.95 million mt on March 9, down 459,000 mt or 2.2% week on week, Qinhuangdao Port said Monday.

Coal stocks at Qinhuangdao Port edged up 0.8% week on week to 7.15 million mt on Sunday, while stocks at Tianjin Port rose 5.5% to 2.29 million mt. But stocks at Jingtang Port dropped 6.7% to 4.85 million mt, and inventories at Caofeidian Port dropped 4.9% to 5.66 million mt.

The number of vessels queuing at the four ports totaled 110 on Sunday, up from 88 a week ago, Qinhuangdao Port said.

Meanwhile, coal stocks at southern China's Fangcheng Port, a key facility for imports of Australian and South African thermal coal, stood at 4.1 million mt on Sunday, down from 4.4 million mt a week ago, a port source said Monday.

But the source added that due to an expected rise in inbound coal cargoes this month, there may a jump in coal stocks at the port. 

 

 
 
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