China`s crude coal average daily output sets record high in Nov
Source: Xinhua Citation: Xinhua Date: December 16, 2016
BEIJING, Dec. 15 (Xinhua) -- China`s crude coal output was the highest of the year in November as the coal shortage started to ease, official data showed Thursday.
Average daily output reached 10.3 million tonnes in November, up by 1.2 million tonnes from October and surpassing ten million tonnes for the first time this year, according to the National Bureau of Statistics (NBS).
Total crude coal output reached 310 million tonnes in November, down 5.1 percent year on year. The decline rate was 6.9 percentage points lower than a month earlier.
Coal prices ended a six-month long rising streak driven by supply cuts and rising demands in mid November, with a benchmark coal price falling by about 33 yuan (4.75 U.S. dollars) per tonne in November.
Meanwhile, above-scale industrial crude oil narrowed its output drop in November, while natural gas production reversed previous drops and started to grow.
About CHINA MINING
Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.
CHINA MINING Congress and Expo 2017 will be held at Meijiang Convention and Exhibition Center in Tianjin China in September 2017. We invite you to join the event and to celebrate the 19th anniversary of CHINA MINING with us. For more information about CHINA MINING 2017, please visit: m.balanzskin.com.
