Coal stocks at China's four major Bohai Sea ports dropped 4% week on week to 17.334 million mt on August 31, the seventh straight week of fall, the Qinhuangdao port authorities said Monday, September 1.
Coal stocks dropped 3.4% week on week to 5.41 million mt at Qinhuangdao port; 9% to 3.33 million mt at Jingtang; 1.4% to 5.83 million mt at Caofeidian; and 4% to 2.76 million mt at Tianjin.
The number of vessels queuing at the four ports totaled 90 on Sunday, down from 131 a week ago, Qinhuangdao port said.
Meanwhile, coal stocks at Fangcheng Port, a key facility for imports of Australian and South African thermal coal, stood at 5.34 million mt on Sunday, down from 5.52 million mt a week ago, according to a port source.
