China saw a faster year-on-year growth of 7% in coal shipment via railway in October, accelerating by 5.2 percentage points from the previous month, showed official data.
The country shipped a total 200 million tonnes of coal via railway in October, according to the National Development and Reform Commission. The volume was on par with the month-ago level.
In the first ten months, China's rail coal delivery climbed up 3.2% year on year to 2.03 billion tonnes, with the growth expanding from 2.8% increase in January-September. The shipment accounted for 57.31% of total railway-carried cargoes during the same period.
China's total rail coal shipment was estimated at around 2.43 billion tonnes in 2019, assuming shipments in each of the last two months at 0.2 billion tonnes, the average monthly shipment during January-October this year.
The volume, which was 50 million tonnes higher from 2018, is still around 380 million tonnes lower than the target of 2.81 billion tonnes by the end of 2020 set by rail line operator China Railway, pointing to huge effort to be put in the following year.
Source:sxcoal
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