(MENAFN) China's coal sector was significantly affected by rising stockpiles, falling prices and declining profitability since the beginning of this year, according to Qatar News Agency.
(Xinhua) reported that coal production slipped 1.31 percent year on year and sales shrank 1.29 percent.
Coal production dropped by 1 percent to 878 million tons in the first quarter of 2014, while sales declined 1.4 percent to 844 million tones.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.