Shanxi Coking Group's coke sales ticked down 0.14% quarter on quarter to 921,700 tonnes in the third quarter, generating revenue of 1.375 billion yuan ($204.6 million) for the company, growing 3.9% from the second quarter, according to a performance statement from the company on October 15.
The average coke selling price picked up 3.23% to 1,491.41 yuan/t, data showed.
Coke is the company's major product. Coke output reached 890,000 tonnes in the third quarter, up 1.37% from the previous quarter.
It procured 1.17 million tonnes of washed coal in the third quarter, up 5.5% year on year. The procurement price (excluding VAT) was 905.25 yuan/t, sliding 11.69% on a yearly basis.
Shanxi Coking Group's sales revenue increased from five out of its six main products in the third quarter compared with the second quarter. Its product series include coke, bitumen, crude naphthalene, methanol, benzene and carbon black.
Shanxi Coking Group is a subsidiary of Shanxi Coking Coal Group Co., Ltd.
(Writing by Shengnan Liu Editing by Harry Huo)
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