Coal supply and demand fundamentals remained in tight balance in Gansu in northwestern China. Coal stocks at local power plants stood at 2.85 million tonnes on February 20 and were worth of over 10 days of usage.
Coal supply has turned tight since December last year, as cold snaps and snowfall pulled up outward electricity transmission from the province, and local power plants have continued to operate at full capacity.
In order to guarantee the supply of electricity and coal, the provincial Department of Industry and Information Technology has established a special suply protection team and established a daily dispatch mechanism to go all out to ensure the supply of electricity and coal, especially during the "two festivals" period over February 11-26.
Jingyuan Coal Industry, one large miner in Gansu, dispatched over 170 wagons of coal in average each day to local power plants since February 11. Daily coal supply from Huating Coal Group exceeded 40,000 tonnes.
The province also worked with Urumqi railway bureau in Xinjiang to smooth transportation of Xinjiang coal, as supplement supply during peak coal demand period.
(Writing by Emma Yang Editing by Harry Huo)
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