echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > There is no substantial shortage of coal supply in my country

    There is no substantial shortage of coal supply in my country

    • Last Update: 2021-09-12
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    According to news from the National Development and Reform Commission, after the peak of coal consumption in early August, national coal consumption has gradually declined
    .
    On August 23, the coal consumption of power plants nationwide was 6.


    3 million tons, which was more than 1.


    Zhou Dadi said: "The coal mine's production capacity is highly adjustable.
    Although there are requirements in various aspects of safety, such as the operating rate cannot exceed the quota in all aspects, the quota of the mine is indeed flexible, continuous production capacity or working surface In terms of usage, arrangement, new mining ratio, etc.


    , the same mine has at least 10%-20% flexibility


    Many other experts also said that there is no shortage of coal in China as a whole
    .
    However, since the beginning of this year, coal prices have indeed risen sharply.
    Taking 5,500 kcal thermal coal as an example, the current port price is still around 1,000 yuan per ton, which is more than 400 yuan higher than the February low


    .


    He pointed out that coal prices mainly depend on two factors
    .
    "One is when the economy is good, the price of coal will go up; the other is the climate, which is also seasonal, and this will happen in summer and winter


    .


    Experts also pointed out that this round of coal price increase is too high, obviously exceeding the level of previous years, does not rule out the possibility of man-made manipulation
    .
    At the same time that the National Development and Reform Commission released the thermal coal data, Yulin, a major coal producer, announced that in response to the recent release of the coal price increase information by the Yulin Coal Trading Center, it decided to conduct a city-wide special investigation to verify the contents of the relevant official accounts.
    And investigate and deal with according to relevant regulations, conduct interviews with the main person in charge of the agency, and deal with them according to relevant regulations


    .


    He said: "In the past, there were more than 60,000 mines, but now there are only 4,000 to 5,000 mines in total.
    To some extent, the concentration of coal is relatively high


    .


    It is worth noting that institutional data show that a total of 54,000 coal-related companies were newly added in the first half of the year, a year-on-year increase of 24%
    .
    Zhou Dadi believes that many new companies are concentrated in the coal sales link, which is the so-called "middleman", which may also affect the coal market trend


    .



    Transfer from: China Central Broadcasting Network

    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.