Summary by Futu AI
China Coal Energy released the main business data for May 2024 on June 17, 2024, showing that the production and sales of coal products reached 11.68 million tons and 22.91 million tons respectively. Compared with the same period last year, the production increased by 5.1%, while the sales decreased by 11.2%. In the coal chemical business, both the production and sales volume of polyolefin increased, with the output of polyethylene slightly decreasing by 1.5%, but the sales increasing by 3.1%, and the output of polypropylene decreased by 7.9%, with a slight increase of 1.0% in sales. The production and sales volume of urea remained unchanged and significantly increased by 33.3% respectively. The production and sales volume of methanol and ammonium nitrate both showed varying degrees of decline. The output value of coal...Show More