International coal prices hovering around 63 U.S. dollars per ton for almost two months, as a result of domestic and international coal prices did not ease the situation upside down, making China's coal imports continue to grow. May 4, journalists from Guangzhou to Hong Kong, Shandong Province, and Qinhuangdao Port was informed and so on, Guangzhou, Shandong and other places to maintain the growth trend of coal imports to curb the Qinhuangdao port coal major transit up.

     According to customs statistics, total imports in Guangdong during the first quarter of about 4.21 million tons of coal, up 8.3 percent, while Hong Kong and Guangzhou coal imports in April this momentum continues and is expected to maintain double-digit growth. At the same time, China imported the first quarter of 873,000 tons of coal, an increase of 130%, export 318,000 tons of coal, up 62.7 percent decline.

     "In the global economic downturn, the only space to grow the Chinese market, so overseas enterprises to increase coal exports coal to China is very natural choice." Coal trade experts said Mr Teng.

     He told reporters that he learned in the market, including Australia, Vietnam, Indonesia, and even Russia and other countries in actively seeking domestic buyers. At the same time, there are no electricity contract signed five major Power Group, has been to increase the volume of imports of coal, the two hit it off.

     Reporter noted that the Customs statistics also confirmed the judge. According to statistics, in the first quarter of ports in Guangdong imported coal as the source to come mainly from Vietnam and Australia, which imports coal from Vietnam a total of nearly 2.9 million tons, an increase of 61%, accounting for ports in Guangdong's coal imports more than 68 percent; imports from Australia 608,000 tons, an astounding increase of 1.4 times.

     In addition, imports of the same period by the Shandong coal supply port is North Korea, Russia and Australia. Of these, imports of coal from North Korea 344,000 tons, an increase of 14.4%; from Russia 284,000 tons of imports (not import the same period last year); Since Australia imports 245,000 tons, an increase of 2.4 times.

     "At home and abroad to come to Hong Kong at the existence of coal price has been going on for nearly two months, which led to the increase in coal imports." China Coal Industry Association said that an expert analysis.

     In fact, the reporter also noted that the current international coal price 63 U.S. dollars / tons, only after the converted 428 million, plus the freight, as well as value-added tax, even if only 560 yuan per ton.

     However, the May 4th heat Guangzhou Hong Kong Shanxi 6,000 kcal coal offer excellent mix of 720 yuan / ton, a lot of heat Shenmu 5500 excellent mixed coal also reached 670 yuan / ton, with coal prices overseas are obvious inversion . Qinhuangdao Port coal per ton above 610 yuan in Price, 577 yuan, there are certain gaps. In addition, needs to be pointed out that neither the Qinhuangdao Port, Guangzhou or Hong Kong are more quote the above-mentioned two weeks ago, coal up 10 yuan / tons.

     "Overseas more and more coal into China, the main difference is the price, once China's coal prices, imports will decline." Huang Teng pointed out that this is both at home and abroad based on this relationshipup to curb the significant increases in domestic coal prices.

     On the other hand, the reporter observed that the coal market in China overall has remained low, the weak state of demand for the need is greater than the fundamentals can not support the significant increases in domestic coal prices.

     This reporter learned that, as of May 3, Qinhuangdao port coal inventories are still at historic lows, only 3,801,800 tons, representing a 51 before rebounding to about 250,000 tons. In addition, since nearly a month, Guangzhou to Hong Kong have shown a rebound in coal inventory of potential, and now stands at 2.23 million tons, more than the same period last year of about 340,000 tons.