At the same time, the supply of hydropower and wind power decreases in winter, and cannot fill the gap left by the reduction in thermal power.

Electrical consumption reached more than 525.27 billion kilowatt-hours in the first eight months this year, up 17.33 percent year-on-year.

Iron ore price up despite Chinese power curbs

Iron ore price up despite Chinese power curbs

Factories usually attract many orders before the Christmas and New Year holidays, he said.

Four 400,000-ton vessels carrying iron ore were unloaded at the Leizhou peninsula terminal on Friday, Zhanjiang Port Group Co announced.

"As more measures are expected from the authorities to secure power coal supplies and frustrate the coal price surge, the situation will be reversed."

...starting from the fourth quarter of this year, except for the projects whose contracts the bank has already signed.