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McCloskey's China Coal Monthly - October 2008
China issues 15.90mt of export licences
September exports recover
QHD prices fall further, but producer prices stays firm
Government
More small mines to be closed/consolidated
Market
Imports firm in September, expected to increase further
Coke prices slide further
Power consumption continues to fall
Production and stocks
Generator, port stocks still rising
Safety checks cut September output
Shenhua builds China’s largest opencast mine
Transport
Railings, port throughput slide
Inner Mongolia and Shaanxi to build new railway
Companies
Peabody moves into mine and coal conversion
Shenhua Energy’s output up, but sales slide
Hydro giant moves into coal chemicals
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Published by The McCloskey Group Ltd.
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