China’s Coal Production Surged in September By Irina Slav of OilPrice.com Coal production in China rose by 4.4% in the year last month to a total 414.46 million tons, government data showed. The production rate also rose on the month: the August total stood at 396.55 million tons. The increase followed the end of safety inspections in coal-producing regions and the return of coal-to-chemicals capacity to normal operation after maintenance, Reuters reported. “Following the end of maintenance on some coal-based methanol, urea, PVC and other chemical capacity, the capacity utilisation rate has gradually increased,” Reuters quoted analysts with Galaxy Futures,… — Continue at ZeroHedge News : Read More
