China's Industrial Energy Production Mixed in June

MT Newswires Live10:40

China's industrial energy production was mixed in June, with raw coal and crude oil output declining year over year, while natural gas production returned to growth and electricity generation maintained steady growth, according to data from the National Bureau of Statistics on Wednesday.

Raw coal production fell 9.7% year over year to 380 million metric tons, compared with a 1.7% decline in the previous month.

Crude oil output slipped 0.5% year over year to 18.12 million metric tons, while natural gas production increased 1.1% to 21.4 billion cubic meters, compared with a 2.2% decline in May.

Electricity output rose 2% year over year to 827.6 billion kilowatt-hours, softer than the 4.2% increase in May.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment