28 Increase In July

China's Coal Output Soars Amidst Energy Crisis

28% Increase in July

China's coal output surged by 28% in July compared to the same period last year, fueled by increased production to meet soaring energy demand. This marks a significant increase of 390.37 million tonnes.

According to the National Bureau of Statistics of China, coal production reached a record high in July, driven by efforts to ensure stable energy supply during the summer months when demand typically peaks.

Factors Contributing to Increased Output

• Increased demand for electricity to power air conditioners during the hot summer months.
• Stockpiling of coal by power plants and industrial users to prepare for winter.

The rise in coal output is part of a broader effort by China to address its energy crisis, which has been exacerbated by supply chain disruptions, reduced imports, and increased global demand for energy sources.

Global Implications

China's increased coal production is likely to have global implications, as it could reduce its reliance on imports and potentially ease pressure on international energy markets.

However, experts caution that increased coal production could also lead to environmental concerns, as coal combustion is a major source of greenhouse gas emissions.

Sources

1. Reuters: China's July coal output rises 28% y/y
2. Global Times: China's coal output hits record 390 mln tonnes in July