Chinese power generation in September dipped below 800 TWH and reached 746 TWH. In October, which was the second warmest month in decades, power production likely remained weak, similar to September. DBX expects power production to increase in November, as temperatures in northern China are set to plunge by as much as 20 degrees. This, together with FOB cash costs near $100/t for some coal miners, is expected to provide support to coal prices globally.