129784668226303750_406Coal industry: a high degree of attention to coal demand growth slowing
China coal industry association President Wang xianzheng said on 8th, from analysis of coal supply and demand situation of the market, second quarter of the year, coal will continue to maintain the overall balance between supply and demand in China, relatively easy situation. Enterprise should attach great attention to the increase in coal production, coal demand growth slowing market trends, scientific production, appropriate regulation and yield in accordance with market demand, coal demand and supply balance, prevent marketDowns occurs. Wang xianzheng
tera gold, 8th in the three sessions of the China coal industry association said at the sixth session of the Board, since the fourth quarter of last year, the global financial crisis, European debt crisis, such as multiple factors, China's economic growth rate down significantly, decline of coal demand growth. In addition
tera power leveling, the inventory to the downstream transfer occurs, steam coal price adjustment, slightly coking coal prices continue declineCompanies should increase of accounts receivable situation. Wang xianzheng said, first quarter of the year, national coal production completed 838 million tons, an increase of 5.8%; cumulative shipped coal railway 594 million tons, an increase of 6.1%; two months before importing new Trojan 37.98 million tons of coal and lignite, an increase of 62%. Meanwhile, the decline of coal demand growth. According to CommissionMeter, two months before the national growth in fossil-fired power generation output of pig iron, cement and other products than in December last year fell, affecting the decline of coal demand growth. According to the transfer of coal stockpiles appear to lower in the first quarter. According to statistics, at the end of March, national coal inventory 223 million tons, for 10 months. Where inventory 50 million tons of coal enterprises,2 million tons less than at the end of last month, a drop of 3.8%; key save 76.68 million tons of coal in power generation enterprises, 5.47 million tons more than in early March, save coal available 19 days until April 5, Qinhuangdao coal stockpiles 6.43 million tons, than dropped 2 million tons in mid-February. In addition, coal prices adjusted slightly in recent months. Qinhuangdao 5,500 kcal marketThermal coal prices last year fell in mid-mid-November to March this year, since late March, prices stopped falling trend began to emerge. At the same time, accounts receivable increase in coal enterprises. According to statistics
tera power leveling, in the first two months of this year, 60 large coal enterprise's total accounts receivable of $ 112.7 billion, an increase of 52%. Wang xianzheng said current coal market supply and demand balance and relativeLoose structural overcapacity in clear, industry-wide attention to. To promote and power plants, steel mills, and other large users of coal enterprises to establish long-term and stable strategic partnership, vigorously promoting the construction of modern logistics system in coal, strengthening market monitoring and early warning, timely and targeted measures, efforts to promote coal economy running smoothly.
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