Arab Today, arab today coal output sales growth drop amid slowing economy
Last Updated : GMT 12:06:35
Arab Today, arab today
Arab Today, arab today

Coal output, sales growth drop amid slowing economy

Arab Today, arab today

Arab Today, arab today Coal output, sales growth drop amid slowing economy

Beijing - XINHUA

China's coal output in the first eight months hit 2.57 billion tonnes, up 4.4 percent, although its coal output growth rate fell 7.9 percentage points year on year during the period, the China National Coal Association (CNCA) announced Wednesday. During the same period, sales reached 2.47 billion tonnes, up 4 percent. However, the growth rate also slumped 10.7 percentage points, according to CNCA data. The CNCA attributed the drop to a slowing domestic economy, which grew 7.6 percent in the second quarter, marking the slowest pace of growth in more than three years. As of the end of August, coal firms' stocks stood at 87.85 million tonnes, up 69 percent year on year. The figure represented a 6.8-percent increase from July. The CNCA said downward pressure in the coal industry also weighed on prices. Coal prices at the Qinhuangdao port stood at 620 to 630 yuan per tonne as of the end of August, down 200 yuan year on year. It predicted that supply will continue to outweigh demand for the full year, adding that a recovery for the sector has yet to arrive.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today coal output sales growth drop amid slowing economy Arab Today, arab today coal output sales growth drop amid slowing economy

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today coal output sales growth drop amid slowing economy Arab Today, arab today coal output sales growth drop amid slowing economy

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday