Chinese utilities race to restock coal ahead of demand rebound

Bloomberg

China’s industrialised southern provinces are racing to restock coal in case demand recovers later this month or supplies are disrupted by the heavy rains sweeping the region.
The economic powerhouse of Guangdong has asked its utilities to add another 5% to inventories this month, according to local media, while neighbouring Guizhou has set aside more money for coal purchases.
At a meeting of the State Council, Premier Li Keqiang a
nnounced measures to help bolster nationwide energy supplies after reiterating that Beijing won’t allow provinces to cut off power to factories.