It is predicted that the international market demand for coal is expected to further rise.

        Although the current world economy still faces problems of one kind, but the world economy is still in the recovery process. International Monetary Fund in the latest issue of "World Economic Outlook", the forecast the world economy in 2011 is expected to grow by 4.2%, U.S., Eurozone, Japan, the three major developed economies will grow by 2.3%, 1.5% and 1.5% China, India, Brazil, Russia and other emerging and developing economies will grow by 9.6%, 8.4%, 4.3% and 4.1%. As the world economy continues to rebound, especially when China, India and other emerging economies continue to maintain rapid economic growth, international market demand for coal in 2011 will undoubtedly continue to increase.

International coal price rise may shock

        Coal demand in the international market continued to recover support, coupled with international investment banks and the dollar fueled by shock adjustments, 2011 will continue to shock the international coal price rise.

Coal exports may rebound

        In recent years, with the sustained and rapid economic growth, continued strong demand for domestic coal, while coal production focus quickly shifted westward difficult to alleviate rail bottlenecks in the short term, in this case, on the one hand to protect the domestic coal supply and the other to reduce the burden of capacity, China's coal exports as a whole declined. The year 2010 issued 25.5 million tons of coal export quota, as compared with 2009 by 50%, the lowest level in recent years.

        While in 2010 only issued 25.5 million tons of coal export quota, but because of annual export volume of only 19 million tons of coal is about, plus the front three months of the previous year export quota is used, it is estimated that the remaining quota is still more than 1,000 tons. Issued with the new export quotas, export of 2011, the total quota available is likely to be higher than the actual export volume in 2010.

International market in 2011, coal demand continues to rise, coal prices rose in the case of shocks, from the coal export profit maximization point of view, there is enough in the case of export quotas in 2011 will be China's coal exports may rebound.

Little scope for short-term growth of coal imports

        Because China's coal production and consumption of a serious imbalance in the geographical, east and southeast coastal areas rely on goods purchased from overseas coal to meet demand. In addition, integration of coal resources in recent years, rapid progress, resulting in decreased coal production, domestic coking coal production growth be affected. By these factors, the future part of eastern and southeastern coastal areas also need to rely on imported coal demand to solve. But the most important factor is domestic coal price trends, and the underlying coal supply and demand of domestic and international coal market. Domestic coal demand in 2011 will be somewhat slower growth in the domestic coal market is expected to continue to maintain a basic balance supply and demand situation. Therefore, the domestic and international coal prices may have narrowed the spread to have an impact on coal imports.

        In addition, most major coal exporting countries compared to output growth and international market demand for coal, especially in the Asia-Pacific coal market demand in the international market for Chinese imports, limited resources, this will fundamentally affect the future of China's coal imports.