echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Petrochemical News > Development and Reform Commission: coal storage in power plants is expected to exceed 110 million tons within 3 days

    Development and Reform Commission: coal storage in power plants is expected to exceed 110 million tons within 3 days

    • Last Update: 2021-11-14
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    In order to implement the decisions and deployments of the Party Central Committee and the State Council on ensuring coal supply and price stabilization, and ensuring the warmth of the people through the winter, the Development and Reform Commission and relevant departments have taken multiple measures to promote coal mines to tap the potential and increase production, and all parties involved in production, transportation and demand work together to increase market supply.
    , The work of ensuring coal supply and price stabilization has achieved initial results, and the national coal supply and demand situation has improved significantly
    .


    The national coal output has increased significantly
    .
    Since mid-to-late October, the national daily average coal output has remained above 11.
    5 million tons for several consecutive days, an increase of nearly 1.
    1 million tons from the end of September, reaching a maximum of 11.
    72 million tons, setting the peak of daily output in recent years
    .
    The spot price of coal futures declined rapidly
    .
    The main thermal coal contract fell for 8 consecutive days, with a cumulative decline of 50.
    9%, and closed at 970 yuan/ton on October 29
    .
    The closing price of 5500K thermal coal at the port has fallen below 1500 yuan/ton, and the price of 5500K thermal coal at the pithead has fallen below 1200 yuan/ton, down nearly 1,000 yuan within a week
    .
    Coal storage in Qinhuangdao Port exceeded 5 million tons
    .
    The coal yard inventory of Qinhuangdao Port has steadily increased, especially after the completion of the overhaul of the Daqin Line, the coal intake has increased significantly
    .


    With the gradual improvement of the supply and demand situation, the level of coal storage in power plants nationwide has rapidly increased
    .
    Since October 5, the coal supply of power plants nationwide has exceeded coal consumption for 25 consecutive days.
    Since October 19, the coal supply of power plants has exceeded coal consumption by more than 1 million tons.
    Recently, the coal supply has exceeded 8 million tons for several consecutive days, reaching the highest The historical peak of 8.
    32 million tons was 2 million tons more than coal consumption, and the coal storage level reached 106 million tons, an increase of more than 28 million tons from the end of September, and it was usable for 19 days
    .
    Among them, coal storage in power plants in the three northeastern provinces has exceeded 12.
    7 million tons, nearly double that at the end of September, and the number of days available has increased to 32 days
    .
    Calculated based on the recent coal supply level, the power plant's coal storage is expected to exceed 110 million tons within 3 days, and the available days will reach 20 days, which will lay a solid foundation for ensuring the safe supply of electricity and the warmth of the people through the winter
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.