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    Home > Chemicals Industry > Chemical Technology > E-commerce helps coal enterprises get out of difficulties The trading volume exceeded last year's expectations

    E-commerce helps coal enterprises get out of difficulties The trading volume exceeded last year's expectations

    • Last Update: 2022-11-18
    • Source: Internet
    • Author: User
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    Recently, as the coal industry has fallen into a cold ice period, coal companies have been looking for new ways to get out of trouble, so coal e-commerce has begun to rise quietly, becoming a lifesaver for coal enterprises to get out of trouble
    .

    。 "Coal Finding" recently announced that it had obtained 30 million yuan in financing and launched the "burning money" campaign, and China Coal Yuanda also announced that the trading volume of its e-commerce platform will exceed 10 million tons this year, far exceeding the same period
    last year.

    It is understood that the domestic coal price has been falling all the way since 2012, and the trend has intensified, and the price of 5500 kcal water and land transportation coal in Qinhuangdao has dropped from a high of 860 yuan / ton in November 2011 to 410-420 yuan / ton, a price drop of more than 50%; The price of coking coal fell from a high of 2,100 yuan / ton to less than 900 yuan / ton, a price drop of nearly 60%.

    Domestic coal prices have fallen
    almost straight this year.
    Data show that as of the 1st of this month, the Bohai Rim thermal coal price index was 418 yuan per ton, down 102 yuan per ton from the beginning of this year, a decline of 20%, the lowest level in nearly a decade
    .

    Song Zhichen, a researcher in the energy industry of CIC Consulting, also believes that under the dual pressure of the rapid expansion of coal enterprises' production capacity and the slowdown in market demand growth, coal prices continue to fall, coal production and trading enterprises are on the verge of bankruptcy, and finding customers, expanding channels, and reducing costs have become ways for coal companies to break through their difficulties, and e-commerce platforms can support coal enterprises in these aspects, so coal e-commerce has been able to rise
    rapidly.

    In addition to changes in market supply and demand, policy support is also an important reason for the rapid development of
    coal e-commerce.
    In May 2014, the National Development and Reform Commission issued the Guiding Opinions on Deepening the Construction of the Coal Trading Market System, which proposed to gradually cultivate and build two or three national coal trading markets, including spot markets and futures markets, whose role is to provide a trading platform to realize independent trading by enterprises, discover reasonable prices, guide production and consumption, and optimize resource allocation; Reduce transaction costs and improve circulation efficiency
    .

    Zhang Zhibin, an industry analyst at Gangfu Group, pointed out that at present, coal e-commerce is still in its infancy, such as the steel industry e-commerce platform is more than 100, the coal industry has started relatively late, and at present, all parties have recognized that e-commerce is the trend of future development, and it is reasonable to establish e-commerce platforms
    .

    Recently, as the coal industry has fallen into a cold ice period, coal companies have been looking for new ways to get out of trouble, so coal e-commerce has begun to rise quietly, becoming a lifesaver for coal enterprises to get out of trouble
    .

    。 "Coal Finding" recently announced that it had obtained 30 million yuan in financing and launched the "burning money" campaign, and China Coal Yuanda also announced that the trading volume of its e-commerce platform will exceed 10 million tons this year, far exceeding the same period
    last year.

    coal

    It is understood that the domestic coal price has been falling all the way since 2012, and the trend has intensified, and the price of 5500 kcal water and land transportation coal in Qinhuangdao has dropped from a high of 860 yuan / ton in November 2011 to 410-420 yuan / ton, a price drop of more than 50%; The price of coking coal fell from a high of 2,100 yuan / ton to less than 900 yuan / ton, a price drop of nearly 60%.

    Domestic coal prices have fallen
    almost straight this year.
    Data show that as of the 1st of this month, the Bohai Rim thermal coal price index was 418 yuan per ton, down 102 yuan per ton from the beginning of this year, a decline of 20%, the lowest level in nearly a decade
    .

    Song Zhichen, a researcher in the energy industry of CIC Consulting, also believes that under the dual pressure of the rapid expansion of coal enterprises' production capacity and the slowdown in market demand growth, coal prices continue to fall, coal production and trading enterprises are on the verge of bankruptcy, and finding customers, expanding channels, and reducing costs have become ways for coal companies to break through their difficulties, and e-commerce platforms can support coal enterprises in these aspects, so coal e-commerce has been able to rise
    rapidly.

    In addition to changes in market supply and demand, policy support is also an important reason for the rapid development of
    coal e-commerce.
    In May 2014, the National Development and Reform Commission issued the Guiding Opinions on Deepening the Construction of the Coal Trading Market System, which proposed to gradually cultivate and build two or three national coal trading markets, including spot markets and futures markets, whose role is to provide a trading platform to realize independent trading by enterprises, discover reasonable prices, guide production and consumption, and optimize resource allocation; Reduce transaction costs and improve circulation efficiency
    .

    Zhang Zhibin, an industry analyst at Gangfu Group, pointed out that at present, coal e-commerce is still in its infancy, such as the steel industry e-commerce platform is more than 100, the coal industry has started relatively late, and at present, all parties have recognized that e-commerce is the trend of future development, and it is reasonable to establish e-commerce platforms
    .

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