echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Petrochemical News > Shanghai Petrochemical optimizes coal inventory to reduce costs and increase efficiency

    Shanghai Petrochemical optimizes coal inventory to reduce costs and increase efficiency

    • Last Update: 2021-06-06
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    News from China Petrochemical News Network Recently, Shanghai Petrochemical Material Purchasing Center has taken measures to optimize coal inventory and save procurement funds while reducing inventory.


    After the Spring Festival this year, although the coal market is in the off-season, prices remain high.


    During this period, due to the impact of mining disasters in Shanxi, Xinjiang and other places, domestic coal resources have become tight, and prices have shown a straight upward trend.


    In March and April, under the premise of ensuring inventory safety, the company's average coal inventory decreased by 13,200 tons year-on-year, saving 1.


    (Jiang Shengcong and Dai Chunping)

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.