China Shenhua Group Corporation, the country's largest coal producer, said its raw coal output in 2008 reached 281.3 million tonnes, up nearly 20 percent from the previous year.
Shenhua Group, parent of China Shenhua Energy Co said its sales volume in 2008 was 311.2 million tonnes in a statement published on its website(www.shenhuagroup.com.cn).
China's coal market currently has ample supplies, while despite heating needs in winter demand is weak due to an economic slowdown, dragging down coal sales in recent months.
China's power generation fell over 6 percent in December, its third decline in a row as efforts to revive the economy by investing heavily in infrastructure failed to boost industrial activity. [ID:nSHA338165] (Reporting by Rujun Shen; Editing by Jonathan Hopfner)
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