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Monday, September 21, 2020

You Mean China Is Still Using Coal? I Didn't Know That -- September 21, 2020

This pretty much tells me all I need to know about fossil fuel.

From argusmedia

From the linked article:
China's Guangzhou and Fuzhou ports may be considering clearing some stockpiled imported coal because of tighter domestic supplies and higher prices. 
Authorities at Guangzhou and Fuzhou ports in south China's Guangdong and Fujian province respectively are looking at how much stockpiled imported coal is waiting for customs clearance at the ports, according to market participants. [Guangdong and Fujian provinces are in southeast China, on the Taiwan Strait, directly across from Taiwan. Guangdong abuts Hong Kong to the northeast.
The move could signal a possible relaxation of import restrictions, while Guangzhou port could clear 1.5mn t of imported stockpiled coal. Fuzhou and Guangzhou ports have exhausted their import quotas in early August, meaning only some local utilities could still buy small volumes using limited quotas.

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