China's July every day coal output jumps 16% yr/yr on peak summer time demand



By Reuters Staff2 Min ReadSINGAPORE (Reuters) -China’s every day coal output in July surged 16% from a 12 months earlier following Beijing’s name for miners to make sure ample provide in the course of the peak summer time demand season.FILE PHOTO” Coal truck drivers take break at lunch time in Pingdingshan, Henan province, China November 5, 2021. Picture taken November 5, 2021. REUTERS/Aly TuneThe nation produced 372.66 million tonnes of coal final month, equal to 12.02 million tonnes per day, knowledge from the National Bureau of Statistics (NBS) confirmed on Monday.This compares with the ten.13 million tonnes per day produced in July 2021 and the 12.64 million tonnes in June.Over the January-July interval, coal manufacturing was 12% increased than a 12 months earlier at 2.56 billion tonnes.The central authorities has held a number of conferences in latest weeks at which it reiterated its dedication to keep away from energy rationing in the course of the summer time, when demand for air con spikes. It requested coal miners to spice up output and fulfill term-contracts with energy utilities.Average every day coal consumption in main coastal areas was above 2.3 million tonnes in early August, about 6% increased than the identical interval final 12 months, based on knowledge from Sxcoal.Some areas, together with cities within the manufacturing hubs of Zhejiang and Jiangsu, have carried out rolling blackouts at native factories to guard electrical energy provides to residential customers at occasions of peak demand.Monday’s knowledge additionally confirmed China’s energy technology in July rose 4.5% from a 12 months in the past to 805.9 billion kilowatt-hours, marking the quickest year-on-year development since September 2021.Power demand has been subdued since March as stringent COVID-19 restrictions have curbed industrial exercise.However, analysts and market individuals count on coal output may very well be curtailed by intensifying security checks following a deadly mining accident within the main coal mining hub of Shanxi in early August.Temperatures in northern China are forecast to fall in late August, which ought to scale back demand for coal for energy technology.Reporting by Muyu Xu; Editing by Christian Schmollinger, Jacqueline Wong and Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

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