China's utilities may advance pre-summer coal restocking amid early heatwave signals

China's utilities may bring forward their pre-summer coal restocking this year, as unusually high temperatures in early April point to an earlier-than-usual peak occurring in power demand, market sources said.

According to the China Meteorological Center (CMC), in early April temperatures across most parts of the country were 1-4°C higher than seasonal norms. This early heatwave has already intensified in southern regions, where provinces such as Hainan, Guangdong, and Guangxi have experienced extreme temperatures, with Haikou – the capital