Inner Mongolia Jan-Feb raw coal output down 10.2pct on yr
From:Shandong RZ Drilling Tools Co.,ltd. 2016-03-26Hits:758
Summary:Inner Mongolia Jan-Feb raw coal output down 10.2pct on yr
Coal-rich Inner Mongolia saw raw coal output of above-sized coal producers with annual revenue over 20 million yuan ($3.07 million) reach 132.68 million tonnes over January-February, down 10.2% from the year prior, showed the latest data from local Bureau of Statistics.
It was mainly impacted by relatively high coal inventories and flat demand in the domestic market.
Of this, output of anthracite and bituminous coal fell 24.2% and down 0.1% on year to 0.8 million tonnes and 80.17 million tonnes during the same period; that of lignite slid 12.9% from a year ago to 51.7 million tonnes.
Ordos, Hulunbuir and Xilingol of Inner Mongolia ranked the top three across the region in raw coal output of first two months.
Raw coal output of Ordos stood at 89.61 million tonnes or 67.5% of the total volume across the region, down 4.9% on year; that of Hulunbuir and Xilingol fell 11.6% and 29.6% from a year ago to 13.16 million tonnes and 11.35 million tonnes.
The above-sized coal producers in Inner Mongolia produced 11.41 million tonnnes of washed coal over January-February, falling 29.4% on year, mainly impacted by production halts at some washing plants of the region amid a downward coal market.
Coke market also lost its support as flatness in the housing sector pressed down demand for steel products. Coke output of the above-sized coal producers dropped 28.9% on year to 3.92 million tonnes during the same period.
Inner Mongolia’ s Wuhai city, a major coke production base in the region, produced 1.16 million tonnes of coke or 29.6% of the region’s total in the first two months, decreasing 45.5% from a year ago.
CCR cordially invites you to participate in the 6th Global Coking Coal Resource & Market Summit to be held from 24th to 25th March 2016 in Taiyuan, Shanxi Province. The summit will provide professional insights on great changes that will impact market players over the mid and long term and how they should cement their positions in the market. For more details, please contact Gina Cao at +86 351 7219322 / gina.cao@fwenergy.com or click HERE.