Coal
supply
and
demand
will
keep
growing
at
moderate
pace
in
China
,
and
the
market
will
remain
generally
balanced
in
the
upcoming
winter
and
spring
,
an
industry
association
said
on
Oct
21.
Some
regions
will
,
however
,
periodically
see
tight
supply
,
according
to
the
China
National
Coal
Association
(
CNCA
).
The
coal
output
in
the
first
three
quarters
reached
2.69
billion
tonnes
,
and
the
sales
volume
hit
2.64
billion
tonnes
.
Both
registered
a
growth
rate
of
at
least
10
percent
,
according
to
CNCA
.
The
annual
output
is
estimated
to
exceed
3.5
billion
tonnes
this
year
,
compared
with
about
3.3
billion
tonnes
last
year
.
Coal
imports
are
expected
to
hit
150
million
tonnes
,
less
than
last
year
'
s
164.83
million
tonnes
.
Domestic
demand
will
keep
rising
at
a
moderate
pace
amid
steady
economic
growth
,
but
uncertainty
in
the
macro
economy
will
decelerate
demand
growth
,
predicted
Wang
Zhanjun
,
an
official
with
CNCA
.
The
association
said
the
price
hike
this
year
was
modest
.
The
current
reserve
volume
stands
at
225
million
tonnes
,
which
is
adequate
for
19
days
of
use
for
the
country
'
s
major
power
producers
.
Xinhua
|
|