China's coal output amounted to 2.46 billion tonnes in January-August of 2011, disclosed Wei Pengyu an, an official with the National Energy Administration (NEA). Wei predicted that coal supply and demand would keep bala nced in this winter as coal supply would be effectively increased as a number of large modern coalmines will come on stream.
Meanwhile, coal demand would rise on the coming of cooling weat her. According to NEA, China produced 323 million tonnes of ra w coal in August. During the peak summer of June-August, China's coal output recorded an increase of 82.2 million tonnes to come to 956 mill ion tonnes.
China's domestic coal prices tend to stabilize following rebounding from the bottom of high level. By September 28, China's ben chmark power coal price averaged 832 yuan/tonne