搜索
这是描述信息
The current position:
Homepage
/
/
/
China Coal Industry Association released the coal economic operation in the first 10 months

NEWS

China Coal Industry Association released the coal economic operation in the first 10 months

  • Categories:Industry news
  • Author:
  • Origin:中国煤炭报
  • Time of issue:2012-12-10
  • Views:0

(Summary description)The China National Coal Industry Association released the economic operation of coal in the first 10 months on December 9.

China Coal Industry Association released the coal economic operation in the first 10 months

(Summary description)The China National Coal Industry Association released the economic operation of coal in the first 10 months on December 9.

  • Categories:Industry news
  • Author:
  • Origin:中国煤炭报
  • Time of issue:2012-12-10
  • Views:0
Information

The China National Coal Industry Association released the economic operation of coal in the first 10 months on December 9. It is estimated that the annual coal output will be 3.75 billion tons, and the net coal import volume will reach 250 million tons. Wang Xianzheng, President of China Coal Industry Association, introduced the relevant situation and put forward requirements for the current coal economic operation.
The China Coal Industry Association released the coal economic operation for the first 10 months on December 9. It is expected that the annual coal output will be 3.75 billion tons, and the net coal import volume will reach 250 million tons. Wang Xianzheng, President of China Coal Industry Association, introduced the relevant situation and put forward requirements for the current coal economic operation.
It is worth noting that the growth rate of coal fixed asset investment has dropped significantly. In the first 10 months, the coal mining and dressing industry completed a fixed asset investment of 421.4 billion yuan, a year-on-year increase of 11.3%, a drop of 13.6 percentage points from the same period last year, and 9.4 percentage points lower than the growth rate of the entire society's fixed asset investment. The growth rate of investment in the first 10 months was 23.8 percentage points lower than the 35.1 percent in the first quarter.
Data show that coal consumption, production and sales growth continued to decline. According to preliminary estimates, in the first 10 months, the total national coal consumption was 3.39 billion tons, a year-on-year increase of 3.5%, and the growth rate dropped by 7.1 percentage points; the national coal output reached 3.21 billion tons, a year-on-year increase of 3.6%; the coal sales volume was 3.09 billion tons, A year-on-year increase of 2.8%.
The market coal price dropped significantly year-on-year. Taking the price of 5,500 kcal thermal coal as an example, at the end of November, the on-site coal price in the northern Shanxi market was 500 yuan to 515 yuan per ton, a year-on-year decrease of about 165 yuan per ton; From 630 yuan to 645 yuan, a year-on-year decrease of about 210 yuan per ton; the delivery price of coal in the 5,500 kcal market in Guangzhou Port is 685 to 700 yuan per ton, a year-on-year decrease of about 225 yuan per ton.
Net imports of coal have increased substantially. In the first 10 months, the country imported a total of 225 million tons of coal, a year-on-year increase of 33.5%; exports were 7.89 million tons, a year-on-year decrease of 38.9%; net imports were 217 million tons, a year-on-year increase of 61.4 million tons. The annual net import volume is expected to be around 250 million tons.
Coal inventories remain high. At the end of October, the coal inventory of the whole society was 293 million tons. Among them, coal enterprises stored 91 million tons of coal, a year-on-year increase of 35.3 million tons, an increase of 63.4%; key power generation enterprises stored 93.71 million tons of coal, an increase of 18.83 million tons or 25.1% year-on-year, and the coal can be stored for 29 days, an increase of 8 over the same period last year. 39.33 million tons of coal were stored in major ports, an increase of 9.56 million tons or 32.1% year-on-year. Wang Xianzheng predicts that the current coal inventory in the whole society is about 150 million tons more than the tight balance, and the market is still under great pressure to digest the inventory.
Coal enterprises have encountered difficulties in operation, and some enterprises have already experienced the phenomenon of loan payment and arrears of wages to employees. Preliminary statistics show that in the first 10 months, the profits of large-scale coal enterprises in the country after subsidies fell by 20.07% year-on-year; among the 90 large-scale coal enterprises counted by the China National Coal Industry Association, 15 were loss-making enterprises; as of the end of October, large-scale coal enterprises in the country should Net accounts were 208.63 billion yuan, a year-on-year increase of 43.37%. The ratio of acceptance bills in most companies' collections exceeds 50%, and the ratio of acceptance bills for coking coal companies' payment recovery exceeds 70%, and the company's cash flow is tightening.
Wang Xianzheng said that the current situation of relatively loose supply and demand in the national coal market is almost a foregone conclusion, and there will be no improvement in the first half of next year. It is necessary to see the current situation of loose supply and demand in the coal market, but also to see that my country is still in the process of industrialization, urbanization, and agricultural modernization. According to the goal of "two doublings" put forward by the 18th National Congress of the Communist Party of China by 2020, preliminary estimates show that by 2020, the total national coal demand will be between 4.8 billion tons and 5.3 billion tons.
Wang Xianzheng said that at present, substantial progress has been made in canceling key contracts and promoting the integration of thermal coal prices. According to preliminary statistics, there are no less than 20 coal enterprises that have organized the ordering work for next year.
Wang Xianzheng requested that we will do a good job in the connection between production, transportation and demand next year, and establish long-term partnerships with coal users; insist on organizing production according to market needs and control super-capacity production; increase payment recovery efforts and improve corporate risk management and control capabilities.

Keyword:

Scan the QR code to read on your phone

Recommended News

2012
10-16
小黑点

Shandong Province accelerates the transformation and upgrading of coking enterprises

In order to promote the transformation of coking enterprises, adjust the structure, and improve the quality and efficiency of industry development, on September 17,
查看详情
2012
11-12
小黑点

Development and Reform Commission: Will cancel the dual-track system of coal prices

Last week, Mr. Li, the person in charge of a coal company, revealed to reporters that at present, the National Development and Reform Commission not only plans to introduce a coal price integration policy to fully liberalize coal prices, but also does not plan to issue coal ordering and price guidance policies as in previous years.
查看详情

Shanxi Maosheng Coal Chemistry Group Co., Ltd

Tel:0354—7395019

Mail:sxmaosheng@126.com 

   xzb@sxmaosheng.com

Add: Yi'an Industrial Park, Jiexiu City, Shanxi Province

TOP

Shanxi Maosheng Coal Chemistry Group Co., Ltd     晋ICP备19015150号-1  SEO