Hidden crisis behind coal demand and supply stable – coal supply and demand, tight – Electrical indu

Article by jekky

2008 to the present changes in the domestic coal market has been quot quot Coal enterprises in coal prices along the way earned Yangzhong pours in the end they had to face down domestic economic cycle and the double impact of the international financial crisis a sharp decline in domestic coal consumption industry demand inventory increased coal prices began to follow down See more exciting information 2008 to the present changes in the domestic coal market has been quot quot Coal enterprises in coal prices along the way earned Yangzhong pours in the end they had to face down domestic and international economic cycles Financial The double impact of the crisis a sharp decline in domestic coal consumption industry demand inventory increased coal prices began to fall followed National coal production with an annual transport capacity required to converge at the contract signing little towards the direct result of the coal industry has still not clear Aestivation peak in turn to start from the south to the north coal supply and demand market steady even greater crisis lurks behind the coal industry structure resources safety environmental and development aspects of conflict transformation is still outstanding the coal industry with the economic and social challenges facing sustainable development Industry experts have suggested that as soon as possible to seize the opportunity to reform the current pricing mechanism promote the reform of the electricity market to play the role of market forces to guide the supply demand balance while construction of coal from the national level Energy Strategic reserve to avoid the coal industry into a quot Mei Huang quot and quot electricity shortage quot the cycle of difficulties in order to stabilize the market fluctuations to prevent excessive speculation Both are crying coal difficult to resolve the impasse loggerhead Reporter learned in the survey most of the power plant still complained of quot responsibility to call quot the more the more losses the more the more nervous and coal enterprises also said to give a quot responsibility to coal quot not much profit the resource costs environmental costs Assistance costs from the current price of coal does not get compensation historical event of default not in the short term digestion Although the 2008 Love in the regional power companies and electricity price Sell Two price increases but not a fundamental solution to the problem upside down coal prices As coal prices rose a larger central regional power grid companies and power generation enterprises were faced with large losses the profit decline May 22 Central Bureau of power monitoring data showed last year including Henan Hubei Hunan Jiangxi Sichuan and Chongqing provinces including Central China Power Grid Company Six total loss of 7 042 billion yuan profits fell 217 77 of which Hunan Jiangxi and Sichuan profits were up 350 or more drop Central Bureau of market power monitoring Director of Management Services to introduce the silver car according to standard coal 800 yuan ton prices the Hubei current 4 cents per kWh of electricity 300 000 unit energy consumption by 360 g kwh calculations will result in changes in costs of around 2 8 yuan the cost of coal fired power generation accounts for 70 of the cost even more the price of coal continued to rally significantly increased the cost of power enterprises However journalists in Shanxi Henan 2 quot coal producing province quot Research to understand that although far from the end of 2007 coal prices are rising but coal prices government and other stakeholders still consider the price of coal is also less than completely cost not a reasonable height policy and market factors have led to increased rigidity of the cost increases the pressure on enterprise development Director of Shanxi Province Academy of Social Thread of Energy said that currently the absolute price of coal is not high particularly state owned key coal enterprises in coal prices the price should be far from reach In recent years the rising cost of coal enterprises rigid rate increase than the rise in coal prices even higher Calculations done in 2004 when the price of about 200 tons of coal calculated the tons of coal out of total cost of 490 yuan Government of Shanxi Province deputy director of the Development Research Center Zhang Fuming that in recent years the state issued a series of standard coal industry production of policies and measures to significantly increase the cost of coal production enterprises Although coal prices continue to rise but still below the full cost resources security transition etc costs are not included prices are still not reached a reasonable height Status as the top there is no fundamental easing of beef five power generation groups have turned to imports Currently Huaneng Datang Power leading enterprises such as with Russia Indonesia and Australia and other overseas coal coal purchase agreement to sign driving a large number of the domestic market for coal imports But industry experts said the import of coal power enterprises can not become a major source of coal buy coal from overseas are also inextricably loggerhead coal deadlock

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Stability of the domestic coal price rising international price of coal – coal, coal – net electrica

Article by jekky

coal spot prices continue to rise this week. may 29, 2009 the price rose 2.27 u.s. dollars higher than the previous week / ton to 67.09 u.s. dollars / ton, up 3.5% week chain, rose 7.8% on a monthly basis, down 55.7% year on year. see more exciting information international power coal price: australia newcastle port (newc) coal spot prices continue to rise this week. may 29, 2009 the price rose 2.27 u.s. dollars higher than the previous week / ton to 67.09 u.s. dollars / ton, up 3.5% week chain, rose 7.8% on a monthly basis, down 55.7% year on year. qinhuangdao stocks up slightly last week, 217,000 tons. may 30, 2009 was 4.74 deposit qinhuangdao field. week chain increased by 4.8%, 24.6% up on the chain, down 27.9%. thermal coal price in qinhuangdao to remain stable this week. june 1, 2009 settlement price average price of shanxi excellent mix of 585 yuan / ton, the same week the chain, on a monthly basis rose 1.3%, down 22% year over year. coking coal, coke prices to remain stable. to june 1, 2009, shanxi gujiao 2 coke price at 780 yuan / ton. weeks, remained unchanged on a monthly basis, down 25.7% year on year. steel prices this week rose slightly. to june 1, 2009, tangshan 2 metallurgy coke price stability in 1650 yuan / ton. weeks of the chain remain the same, up 6 percent on the chain, fell 38% year over year. anthracite coal prices to remain stable. yangquan wash this week the price remained stable block, june 1, 2009 the price of yangquan wash block 900 yuan / ton. weeks of the chain remain the same, up 2% on the chain, rose 15%. yangquan coal injection this week, prices remain stable, 1 june 2009 to 692 yuan / ton, week, month chain remains unchanged. monthly operating data: to the end of april 2009, the national coal stocks at 156 of society, up 1.7 last month. national coal stocks 43.07 which increased by 1.71 ; plant stocks 26.34 , down 1.61 ; major port inventory 11.47 , down 1.69 ; metallurgical inventory 426 million tons, down 10,000 tons . investment tips: chongqing coal mine accident could lead to tightened security control. may 30, chongqing with china coal and power company songzao large coal mine gas outburst accident, resulting in 30 deaths, 77 people were injured. although the incident does not occur in the main coal producing areas, however, may make other provinces to tighten security control, leading to the coal supply affected. the recent rise of international crude oil futures prices. last friday nymex crude oil futures rose 1.23 u.s. dollars / barrel, or 1.75 percent, to close at 66.31 u.s. dollars / barrel, for the november 4, 2008 the highest closing price since. new york crude oil futures prices in may rose 29.7% in march 1999 was the biggest monthly increase since. last week, shares of coal resources tax reform under the influence of rumors that there is a significant adjustments; and the recent weaker dollar, stronger crude oil prices may support the formation of coal plates. risk: if the main producing areas of the mine coal production accelerated rehabilitation, and downstream demand rising trend can not continue, domestic coal spot prices may show the phenomenon of the peak season is not busy. china financial limited.

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NDRC: the second limit coal coal prices continue to decline so that effective

Article by jekky

From July 24 Electricity and Gas Development and Reform Commission issued a second order issued a month limit 26 Development and Reform Commission said the temporary intervention policy limit coal Qinhuangdao coal prices had a significant impact early in August coal prices continue to decline the minimum transaction price has reached 860 yuan ton limit level br NDRC price of coal by the end of July the first is down br NDRC on the 26th said the temporary coal price market interventions Qinhuangdao coal prices have had a significant impact 5500 Kcal steam coal in Qinhuangdao before the settlement price at the limit of about 1020 Yuan tons by the end of July have fallen by 40 50 yuan per ton which is in April this year the first decline since the coal boom Coal prices continue to decline early in August the lowest closing price has reached 860 yuan ton limit level As the Price Bureau of Hebei Province Qinhuangdao port coal assign specific market presence the current market price of coal in Qinhuangdao Port has dropped 40 yuan per ton focusing on higher coal contract fulfillment rate br As of August 14 Shanxi Hebei Shandong Henan Shaanxi Ningxia Anhui and Jiangsu provinces have 8 main provisions of the coal mine the ore price to June 19 for the actual settlement price ceiling br Dealers actual transaction remains high br Traders from Qinhuangdao Port 39 s Department learned that the current trading price of coal has declined in real but the actual transaction to 900 1000 per tonne still the price br Reporter learned from Qinhuangdao Port August 25 5500 in Shanxi excellent mix of coal settlement price for the 860 1000 kcal yuan ton 6 000 kcal Datong excellent mix of settlement price per tonne for the 940 1070 Analyst who asked not to be named said quot This offer has more than 100 yuan in the water and this is without limit until the policy is not quot br An agent of Shanxi coal brokers told reporters that although the Government limit 860 yuan per ton but he recently power plant deal with the heat value of 5 500 calories is still 950 yuan per ton of coal prices However according to its disclosure the two sides did not immediately settled transactions invoicing and therefore not in breach of limit orders He introduced in addition agents can take a variety of methods to circumvent the limit such as the date the contract was drawn up before the limit date of order or even if the current trading price to 860 yuan but buyers and sellers simply re make up a contract price of such excess A power plant fuel companies who Qinhuangdao office explained quot every day operation of power plants we can not ship the day quot br The official measures br Liang Buwei cash reward 35 high coal enterprises br Zhao Xiaoping deputy director of the National Energy Board 26 said that the current management of coal fundamental question is how tight to increase coal production and supply solve this problem the current Development and Reform Commission and Ministry of Finance jointly issued the quot Award for promoting production quot policy to encourage large coal output increase br 26 to participate in the policy formulation of the Ministry of Finance and the NDRC Energy Bureau of the Secretary of coal related official said quot to award and promote production quot is a subsidy after the award mainly for the three months 8 9 10 the production and transporting coal Bureau of Energy Division of Coal Development and Reform Commission official told reporters that related to the current document has been to the Energy Bureau under the symbol sent to the annual output of more than 10 million tons of coal production of 35 large scale enterprises I understand that the 35 coal companies in 2007 annual output accounts for 44 of the country br The Coal Division disclosed that the file is the main way of using cash incentives to enterprises for every one ton of overcapacity in the corresponding benefits However overcapacity in the current document for how much a ton of cash grants has not been determined quot We will calculate the various enterprises over the final output of the original contract and see how by how much ultimately determine the amount of awards quot he explained to reporters the reason cash awards mainly for the production of coal enterprises to mobilize enthusiasm br Enterprise voice br High coal price control policies still need to be more effective br Yanzhou Coal semi annual report released on the 25th compared to a loss of power enterprises Yanzhou Coal Mining net profit surge 160 over the previous year reaching 3 913 billion yuan Yanzhou Coal Mining Director and Chief Financial Officer Wu Yuxiang an interview in Hong Kong said coal companies do not want to see a loss of power enterprises and that quot if the power to die coal also succeed quot br Wu Yuxiang said the two Yanzhou coal shares the country 39 s largest coal power plant because of the high cost of buying a loss quot it shows a lot of Chinese power plants are at a loss recently Shandong Province has discontinued a total capacity of 10 6 million kilowatts of generating units This equivalent to two of China 39 s largest thermal power generating capacity quot He believes that if this situation is prolonged it will affect the entire power sector in turn will affect the macro economy and that the Government should continue to produce a more effective macro control policies but specifically not to stress out the coal price limit policy still further and will be announced very difficult to estimate br According to his analysis the second half of the price of coal will still be running at a high level main reasons first the coal demand is increasing the second starting August 20 the second time this year raising electricity price which will make part of the closed power plant to resume production third capacity is still a bottleneck restricting the effective supply of coal The industry also believe that although the price has been up twice but still not able to alleviate the power loss expected future government will introduce the appropriate macroeconomic policy br Secretary for Development and Reform Commission said prices of 26 the next step the National Development and Reform Commission will further strengthen the implementation of the policy limit efforts to curb the momentum of coal prices

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