China Down to 12 Days Worth of Coal – Report

China’s coal supply, the country’s most important energy resource, is shrinking and is now down to a seven-day supply in some areas, according to this report from News.com.au:

In certain parts of China, such as densely populated Hebei province in the north, reserves are down to less than a week, Xinhua news agency reported, citing the China Electricity Regulatory Commission.

In the period since early March, coal reserves have slumped by 12 per cent to 46.7 million tonnes, according to the commission.

Reasons for the shortage were “multi-dimensional,” the commission was quoted as saying, without elaborating.

See also a China Daily report.

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