China`s July coal output declines on year, but rises on month to 301 mil mt

China`s July coal output declines on year, but rises on month to 301 mil mt

Source: www.chinamining.org  Citation: Platts  Date: August 19, 2014

 China`s July coal production fell year on year but rose slightly from June on improved sales amid higher air-conditioning demand, Fenwei Energy reported, citing the latest official data released on Friday.
    
China produced 301 million mt of raw coal in July, down 1.63% year on year but up 1.01% from June, the first rebound after three straight months of declines over April to June, data released by the China Coal Transport and Distribution Association showed.
    
Over January-July this year, China`s coal output reached 2.163 billion mt, down 1.45% year on year, the association said.
    
During the same period, China`s coal sales -- which comprise mostly domestic sales and some exports -- stood at 2.053 billion mt, down 1.54% year on year, with July sales falling 1.84% year on year but edging up 1.62% month on month to 288.6 million mt.
    
Key state-owned mines -- owned by the central and provincial governments -- produced 1.164 billion mt of coal in the first seven months this year, with July output edging up 0.6% year on year but down 1.81% month on month to 165.4 million mt.
    
Fenwei Energy is a leading provider of coal market information in China.

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