Tag: Port Stock at Qinhuangdao Port

Coal stocks at Qinhuangdao Port in China fell 6.7% m-o-m to 4.71 mnt on 13 May’22 .The key reason for the decline in stocks is the overhaul work undergoing at the Daqin rail route after an accident in mid-Apr. This, combined with domestic demand pick up with reduced lockdown restrictions, has led to stock depletion.…