Shaanxi, a major coal production province in Northwest China, decided to conduct safety checks at coal mines over September 14-30, said the provincial safety watchdog in a recent notice.
The inspection is aimed at identifying potential safety loopholes during operations of coal mines, supervising relevant precautionary measures and enhancing safety awareness, according to the notice.
The move is in parallel with safety inspections taken by other major coal provinces in China, in order to ensure coal mine safety before the National Day holiday.
Large coal miners in Shaanxi embraced strong buying demand and a long queue of coal trucks were waiting at local mines for coal loading. Impacted by reduced output amid inspections, some neighboring coal mines raised prices by 5-10 yuan/t.
The cost of Shaanxi 5,500 Kcal/kg NAR thermal coal at northern ports was assessed by sxcoal.com at 606 yuan/t on September 15, with losses decreasing 6.33 yuan/t from a day ago to 19 yuan/t due to jumping spot prices.
In the first seven months this year, Shaanxi province registered a robust year-on-year growth of 13.1% in raw coal production to 368.22 million tonnes, despite a 2.9% decline in July output.
(Writing by Tammy Yang Editing by Harry Huo)
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