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Coal industry, an authoritative source: coal-owned Assets Supervision and Administration involved in the negotiations can not be trusted
Time:2009-04-07   Read:2424second  
   Response to media reports, "SASAC coal price negotiations involved in the coordination of" hearsay, April 3, the coal industry authorities told a reporter that it can not be trusted. He pointed out that although the coordination of the SASAC will come Shenhua Group, China Coal Industry Group, but how to coordinate Datong Coal Industry (now 601,001 shares), long coal prices Coal Group obvious places, such as a problem.

   Recently there have been reports that the person in charge has said electricity prices, the Government has to coordinate the deadlock on the coal, and increased coordination of efforts, including the involvement of the SASAC. Reported that the industry said that the five power generation groups and major coal enterprises subordinate to the SASAC, the SASAC will be better able to promote the involvement of the two sides reached a consensus.

    "We have not heard such a message, it is a wonder why there are such rumors of government intervention." Coal industry, said an authority in this field. A day earlier, the people who frankly have not heard of the National Development and Reform Commission published the so-called "coal prices rose 4 percent," the coordination of the program.

    The relevant channels from the reporter that despite the recent price Division and the National Development and Reform Commission of the State Council Research Office of the Organization have the power, coal, electricity supply and demand situation of enterprises held a forum, but probably does not make any of the pricing policy stance. Therefore, the industry co-ordination of government departments involved in coal prices is full of speculation.

    At the same time, the coal market fundamentals change is brewing. The market return by the steel industry in the doldrums, as well as lower prices of coke (coke in Shanxi Province in April priced from 100 yuan per ton lower and lower) the impact of the current coking coal prices also declined. Among them, the southern Hebei coking coal prices last month fell to plant 50-100 yuan / ton.

   In addition, although the Qinhuangdao Port coal inventory is still continuation of falling, as of April 2 to 4,617,200 tons compared with the previous day (4,750,500 tons) and a decrease of 130,000 tons, but declined to reduce the ring than the day before yesterday, about 0.3%, slightly has slowed down.

  (Pei-rong)
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