(EnergyAsia, July 3 2012, Tuesday) — Amid weaker demand brought on by China’s cooling economy and higher hydropower output, traders said coal stockpiles at three major ports in northern Hebei province have reached a combined record high level of 18.3 million tonnes.Traders defaulting on purchase and import agreements have elected to leave their cargoes at…
CHINA: Coal stockpiles at record high levels at three major ports
Posted on July 3, 2012 by EnergyAsia