Daqin line, China's leading coal-dedicated rail line, transported 23.21 million tonnes of coal in February this year, sliding 25.5% on month and down 27.47% on year – the 18th consecutive year-on-year drop, said a statement released by Daqin Railway Co., Ltd on March 10.
In February, Daqin's daily coal transport averaged 0.8 million tonnes, 20.8% lower than January's 1.01 million tonnes.
Daqin rail line realized coal transport of 54.39 million tonnes in the first two months this year, falling 22.5% year on year.
Over 2015, Daqin transported a total 396.99 million tonnes of coal, down 11.82% on year, accounting for 94.52% of its annual target of 420 million tonnes.
In addition, Zhunchi rail line (Waixigou, Inner Mongolia-South Shenchi, Shanxi) and Mengji rail line (Ordos, Inner Mongolia-Caofeidian port) were put into commercial operation in September last year and January 2016, respectively, which would effectively help divert coal transport by Daqin line.
Thus, 20 million tonnes of coal from Shenhua Group and 12 million tonnes of coal from Yitai Group are expected to be transported by Zhunchi and Shuohuang rail lines to Huanghua port this year, and 10 million tonnes of coal from Inner Mongolia is likely to be transported via Mengji line to Caofeidian port.
Inevitably, the overwhelming advantage of Daqin line may be dented to some degree, and its coal transport is forecast to reach 340-350 million tonnes this year, down 12.8% or so on year.
(Writing by Tammy Yang Editing by Harry Huo)
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