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China’s Coal Demand Is Rebounding From a Covid-Induced Slump

A coal stockpile site in Jiangsu Province, China.

A coal stockpile site in Jiangsu Province, China.

Photographer: Qilai Shen/Bloomberg

China is boosting coal burning after a three-month dip as hotter weather and an easing of covid restrictions increase power demand.

Daily consumption in eight coastal provinces rose to 1.95 million tons a day on June 30, more than in the same period last year, according to Cinda Securities analysts. Demand had slipped in March, April and May on an annual basis amid strict lockdowns in Shanghai and other regions, according to the China Coal Transport and Distribution Association.