Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese 

ports of Zhangjiagang, Shanghai and Guangzhou in eastern and southern China began to fal

l in the week to April 3, port operator Qinhuangdao Port Tuesday said. 

The freight rate from Qinhuangdao to Zhangjiagang in eastern China's Jiangsu province for 

20,000-30,000 mt capacity vessels dropped by Yuan 3.60/mt week on week to Yuan 33.70/mt 

($5.36/mt) on April 3, Qinhuangdao Port said. 

The  rate  from  Qinhuangdao  to  Shanghai  in  eastern  China for vessels with a capacity of 

40,000-50,000 mt dropped by Yuan 3.0/mt week on week to Yuan 25.40/mt on April 3. 

The rate from Qinhuangdao to Guangzhou in southern China for 50,000-60,000 mt capacity 

vessels slipped by Yuan 2.60/mt week on week to Yuan 34.50/mt on April 3. 

Increased hydropower output in eastern and southern China has continued to dampen local 

coal-fired  electricity  demand,  resulting  in  the  downturn  in  coastal  coal freights, the port 

operator said. 

Meanwhile, coal stocks at Qinhuangdao port stood at 6.59 million mt on April 3, up from 6.38 

million mt on March 27, port figures showed.