China Shenhua October coal production rose 14.6%

Source: Internet
Author: User
Keywords Coal
November 16 Night, China Shenhua (601088.  SH) released operating data letters, October, the company's commodity coal production of 19.6 million tons, an increase of 14.6% per cent, coal sales 27.4 million tons, an increase of 29.2%, of which the export volume of 600,000 tons, the year-on-year decrease of 50%.  It is noteworthy that in October, the company's electricity generation and sales both fell, the total generating capacity of 9.68 billion kwh, the year-on-year reduction of 4.4%, the sale of electricity to 8.98 billion kwh, the year-on-year reduction of 4.9%. According to the company's September operating data, the month of the company's commodity coal production of 19 million tons, an increase of 9.8%, coal sales of 25.2 million tons, the growth of 6.8% per cent, total generating capacity of 11.14 billion kwh, the year-on-year increase of 12.5%, total sales of 10.3 Billion-kilowatt, the year-on-year increase of 11.6%.  So, in October, the number of coal production and sales chain increased, but the sale of electricity in the chain fell 13.1% and 13.6% respectively.  In this respect, the company Express did not explain in detail, only general said that the operating data from the company's internal statistics, the monthly may be a big difference, its impact factors include but not limited to inclement weather, equipment overhaul, seasonal factors and security checks. According to Qinhuangdao coal NET data, after five consecutive weeks of power coal prices rose, the price of raw coal continued to rise. November 8 to 14th, Jingtang District, the average price of mixed coal rose by 30 yuan per ton, high mixed raw coal prices on average rose 20 yuan per ton, raw coal prices have hit the highest since August 2008. In the context of such a force, China Shenhua coal production and sales of the reasons for natural clarity.
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