Coal Association: 2010, total supply and demand balance mediate tolerance

HC Valve Network: Recently, Hunan, Hubei, Jiangxiand Analysis of fixed asset investment, the new
and other parts of the emergence of a relativelybuilding national capacity of 10 million tons, of
tight coal supply situation, China Coal Industrywhich nearly 300 million tons next year, new
Association of the causes of this situation that,capacity is expected. Coupled with a substantial
with the growth of coal production andincrease in the coal transportation capacity, coal
transportation capabilities, in addition to short inrailway and port construction north faster, coal
some areas appears period of tight supply, thetransport capacity will be increased substantially. In
next year, China's coal supply and demand willaddition, imports of coal will remain increasing
generally tend to balance.trend.
11 end of the month, the National Social StockParticular, he pointed out that China's coal supply
181.87 million tons of coal, down 3.6% late lastcapacity is growing emergency, freezing rain and
month. Emergency coal supply situation wassnow from last year's disaster, the earthquake,
becoming tighter. December 14 -21 period, theand then to Olympics Will, and this year's 60th
national power plant coal consumption 19.6242anniversary of New China, the country's coal
million tons, the highest amount for the wholesupply have remained stable, this shows that our
year, while the direct supply power plant coalemergency response capabilities greatly enhance
storage in just 9 days, the lowest for the year.the security of supply.
Tight coal supply in the analysis of the reasons,Coal prices on the causes, Kang Ji-min that is an
the Chinese Coal Industry Association Viceimportant factor driving the demand. According to
President Kang Ji-min said that as the role of thestatistics, high energy-consuming industrial
stimulus package is seen, the steady rise ofproducts in November there was a big increase in
China's macro-economic situation obviously, thereproduction, thermal power, steel, building materials,
was substantial growth in coal demand trends.10 kinds of non-ferrous metal production
In addition, runoff and the South this year tooincreased significantly. In addition, coal prices also
few to about 30% less water, which causesto cost-push. Recently, electric power, rail
water to contribute too few. At the same time,transport, steel and other major capital goods
our range of seasonal changes in demand for coalprices, coal production costs; while coal enterprises
increased, especially in recent years coal strengthare faced with resource and environment policies
grew each year during the winter situation.incremental factor is also expected to increase
Coupled with the economic development ofbusiness costs.
China's coal resources were reverse distribution,View of this situation, Kang Ji-min calls, adjust the
the recent strong winds, cloudy weather affectedprices of coal companies to pay attention to the
a large area, resulting in the decline of coalupstream and downstream capacity of
transport.enterprises and society, concerned about the
Kang Ji-min that, although next year there will beoverall situation of China's economic and social
short in some areas of China during the coaldevelopment. To ensure safe production in coal
supply situation, but it will be an overall balance ofmines under the premise of a scientific
supply and demand throughout the year. Coalorganization of production, focusing on product
production and supply situation from the point ofquality. He also signed a long-term agreement to
view, construction of the coal production capacityencourage coal companies, by country, strengthen
to continue to maintain a rapid growth rate. Fromthe communication between supply and demand
-2 009 in October 2006 the National Coal Miningand achieve win-win situation.