In November, the total supply and demand of coal was basically balanced, and inventory was at a normal level. Affected by seasonal factors and other factors, there is a tight supply in some regions. The high price of coal in the market stabilized and the annual price of key coal contracts remained stable.
Production and sales volume grew steadily. According to calculations by related parties, coal production and sales in November increased by 6.1% and 7.1% respectively year-on-year. In the first 11 months, the cumulative production and sales of coal increased by 15.5% and 15.6%, respectively.
Transport volume continues to increase. In November, the national railway coal shipment volume was 169 million tons, an increase of 12% year-on-year; and the major port coal shipments were 49.64 million tons, an increase of 32.2%. In the first 11 months of this year, the total amount of railway coal shipped nationwide was 1.827 billion tons, an increase of 15.3%; and the major port coal shipments were 511 million tons, an increase of 23.1%.
Imports were high and exports fell. In November, the import of coal was 13.88 million tons, an increase of 9.09% year-on-year; and the export of coal was 1.279 million tons, a decrease of 10.79%. In the first 11 months, the cumulative import of coal was 148 million tons, a year-on-year increase of 34.95%; the export of coal was 17.58 million tons, a decrease of 13.54%. Cumulative net imports of 130 million tons of coal.
Coal consumption rose. November hydropower fell back from the previous month, and thermal coal consumption rose rapidly. The average daily power generation enterprises in the country consumed 3.469 million tons of coal, an increase of 483,000 tons from the previous month. On the 21st of the month before December 21, the average daily coal consumption reached 3.66 million tons, and the coal consumption level further increased.
The main users and port deposits increased. At the end of November, the nation's key power generation enterprises stored 59.58 million tons of coal, an increase of 38.11 million tons over the beginning of the year, an increase of 177.5%, and it can take up to 17 days. The main port for shipping coal was 22.34 million tons, an increase of 7.98 million tons from the beginning of the year, an increase of 55.6%.
The price is basically stable. In November, the prices of coal in major distribution and consumer markets stabilized at a high level, and the annual price of key coal contracts remained stable.
Production and sales volume grew steadily. According to calculations by related parties, coal production and sales in November increased by 6.1% and 7.1% respectively year-on-year. In the first 11 months, the cumulative production and sales of coal increased by 15.5% and 15.6%, respectively.
Transport volume continues to increase. In November, the national railway coal shipment volume was 169 million tons, an increase of 12% year-on-year; and the major port coal shipments were 49.64 million tons, an increase of 32.2%. In the first 11 months of this year, the total amount of railway coal shipped nationwide was 1.827 billion tons, an increase of 15.3%; and the major port coal shipments were 511 million tons, an increase of 23.1%.
Imports were high and exports fell. In November, the import of coal was 13.88 million tons, an increase of 9.09% year-on-year; and the export of coal was 1.279 million tons, a decrease of 10.79%. In the first 11 months, the cumulative import of coal was 148 million tons, a year-on-year increase of 34.95%; the export of coal was 17.58 million tons, a decrease of 13.54%. Cumulative net imports of 130 million tons of coal.
Coal consumption rose. November hydropower fell back from the previous month, and thermal coal consumption rose rapidly. The average daily power generation enterprises in the country consumed 3.469 million tons of coal, an increase of 483,000 tons from the previous month. On the 21st of the month before December 21, the average daily coal consumption reached 3.66 million tons, and the coal consumption level further increased.
The main users and port deposits increased. At the end of November, the nation's key power generation enterprises stored 59.58 million tons of coal, an increase of 38.11 million tons over the beginning of the year, an increase of 177.5%, and it can take up to 17 days. The main port for shipping coal was 22.34 million tons, an increase of 7.98 million tons from the beginning of the year, an increase of 55.6%.
The price is basically stable. In November, the prices of coal in major distribution and consumer markets stabilized at a high level, and the annual price of key coal contracts remained stable.
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