POLISH HARD COAL PRODUCTION UP, ABOVE SALES

In August hard coal production in Poland exceeded sales by 270k Mt. Unsold coal was moved to piles, which are rising again – at the moment they were counted for 5.7m Mt. In total, coal production in August was higher by 250k Mt YOY, but sales was lower by 350k Mt YOY.

In the first eight months of 2016 only three times coal sales was higher than production: in January, March and April, but in total in the period of January-August there were only 0.2m Mt of coal more in production to sales relation: there were 45.8m Mt of hard coal produced (46.1 Mt YOY) and 45.6 Mt of sold (also 46.1 Mt YOY).

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