Domestic coal consumption up 17% in June
The Vietnam National Coal – Mineral Industries (Vinacomin) sold 3.2 million tonnes of coal in June, raising the six-month figure to 17.7 million tonnes.
Of the monthly figure, 100,000 tonnes were for export and the remaining were for domestic consumption, Vinacomin Deputy General Director Nguyen Van Bien told the media in Hanoi on June 15.
The January-June figure was equivalent to 49.2% of the yearly target and 95.8% of the same period of last year, with domestic sales rising 17% rise annually to 17 million tonnes, representing vastly different volumes for domestic consumption and export.
Bien said the declining exports are a result of global oversupply, adding that Vinacomin will strive to keep the 2015 total production equivalent to that recorded in 2014.
In July, Vinacomin expects to sell 3.2 million tonnes of coal, including 3.1 million tonnes in the domestic market.
The January-June figure was equivalent to 49.2% of the yearly target and 95.8% of the same period of last year, with domestic sales rising 17% rise annually to 17 million tonnes, representing vastly different volumes for domestic consumption and export.
Bien said the declining exports are a result of global oversupply, adding that Vinacomin will strive to keep the 2015 total production equivalent to that recorded in 2014.
In July, Vinacomin expects to sell 3.2 million tonnes of coal, including 3.1 million tonnes in the domestic market.