The coal that actually rose in price fluctuations in this round accounted for less than one-third of the total coal production capacity. '' Among them, the price of 700 million tons of metallurgical coal has not risen due to the low profit level of the steel industry; among the 1.6 billion tons of coal, the price of key contract coal of about 700 million tons has not moved; the price of coal in the provinces and regions is generally not adjusted; The volatile coal market is less than 1 billion tons.
China's coal society has an inventory of 220 million tons, which has not changed much in 22 months.
Beijing, November 24th (Reporter Bao Dan) Wang Xianzheng, president of China Coal Industry Association, said at the commendation conference on energy conservation and emission reduction in the whole industry today that China's coal market is in a balance of supply and demand, relatively loose, structural tension and surplus. The coexistence of the situation, in which structural excess is the main contradiction of China's current coal market.
Wang Xianzheng said that the so-called structural tension and excess refers to the tension and excess of regional, time-based and variety. At present, the main contradiction in China's coal market is structural excess, not structural tension.
Wang Xianzheng explained that the basis for such judgment comes from three aspects: First, coal social stocks have always been at a high level. It is understood that China's coal society stocks are around 220 million tons, and there has not been much change in 22 months. Secondly, the accounts receivable of coal enterprises are increasing month by month. By the end of September, the accounts receivable of coal enterprises above designated size increased by more than 36% over the same period of last year. Again, it has entered the fourth quarter, it should be the peak season of coal production and sales, but this year the industry is generally busy and not anxious, indicating that there is not much problem in the current coal market supply and demand.
Wang Xianzheng said that at present, the production capacity of coal mines under construction and under construction in China is close to 3.8 billion tons, of which 2.3 billion tons have been approved, and the capacity for construction and production to be put into production is more than 1.4 billion tons. This has basically reached the national plan of '12. Five ''last coal production capacity. ''So coal companies must have a clear understanding of structural excess. ''Wang Xianzheng said.
In response to the rising coal price in some areas in the previous period, Wang Xianzheng believes that this fluctuation is the performance of the Chinese coal market and the international energy market. It is understood that the recent international oil prices, Australian thermal coal, etc. have risen, Qinhuangdao 5500 kcal subsea coal price increase is basically the same.
Wang Xianzheng stressed that in addition to understanding the background of international energy price volatility, coal companies should also figure out how much coal is in the price increase.
The coal that actually rose in price fluctuations in this round accounted for less than one-third of the total coal production capacity. '' Among them, the price of 700 million tons of metallurgical coal has not risen due to the low profit level of the steel industry; among the 1.6 billion tons of coal, the price of key contract coal of about 700 million tons has not moved; the price of coal in the provinces and regions is generally not adjusted; The volatile coal market is less than 1 billion tons. China Coal Industry Association hopes that coal enterprises will strictly follow the requirements of the National Development and Reform Commission, strengthen industry self-discipline and stabilize coal prices. ''Wang Xianzheng said.
China's coal society has an inventory of 220 million tons, which has not changed much in 22 months.
Beijing, November 24th (Reporter Bao Dan) Wang Xianzheng, president of China Coal Industry Association, said at the commendation conference on energy conservation and emission reduction in the whole industry today that China's coal market is in a balance of supply and demand, relatively loose, structural tension and surplus. The coexistence of the situation, in which structural excess is the main contradiction of China's current coal market.
Wang Xianzheng said that the so-called structural tension and excess refers to the tension and excess of regional, time-based and variety. At present, the main contradiction in China's coal market is structural excess, not structural tension.
Wang Xianzheng explained that the basis for such judgment comes from three aspects: First, coal social stocks have always been at a high level. It is understood that China's coal society stocks are around 220 million tons, and there has not been much change in 22 months. Secondly, the accounts receivable of coal enterprises are increasing month by month. By the end of September, the accounts receivable of coal enterprises above designated size increased by more than 36% over the same period of last year. Again, it has entered the fourth quarter, it should be the peak season of coal production and sales, but this year the industry is generally busy and not anxious, indicating that there is not much problem in the current coal market supply and demand.
Wang Xianzheng said that at present, the production capacity of coal mines under construction and under construction in China is close to 3.8 billion tons, of which 2.3 billion tons have been approved, and the capacity for construction and production to be put into production is more than 1.4 billion tons. This has basically reached the national plan of '12. Five ''last coal production capacity. ''So coal companies must have a clear understanding of structural excess. ''Wang Xianzheng said.
In response to the rising coal price in some areas in the previous period, Wang Xianzheng believes that this fluctuation is the performance of the Chinese coal market and the international energy market. It is understood that the recent international oil prices, Australian thermal coal, etc. have risen, Qinhuangdao 5500 kcal subsea coal price increase is basically the same.
Wang Xianzheng stressed that in addition to understanding the background of international energy price volatility, coal companies should also figure out how much coal is in the price increase.
The coal that actually rose in price fluctuations in this round accounted for less than one-third of the total coal production capacity. '' Among them, the price of 700 million tons of metallurgical coal has not risen due to the low profit level of the steel industry; among the 1.6 billion tons of coal, the price of key contract coal of about 700 million tons has not moved; the price of coal in the provinces and regions is generally not adjusted; The volatile coal market is less than 1 billion tons. China Coal Industry Association hopes that coal enterprises will strictly follow the requirements of the National Development and Reform Commission, strengthen industry self-discipline and stabilize coal prices. ''Wang Xianzheng said.
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