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Power stocks dropped significantly, coal prices are rising for six weeks
Author:An Zhiyuan   Time:2011-04-30   Read:1033second  

March, China's off-season appears more "electricity shortage." Zhejiang, Hunan, Jiangxi, Chongqing, Guizhou, power shortage in varying degrees, have adopted measures to limit power and make electricity.
Substantial growth in electricity consumption, making more power shortage occurs. According to statistics, more than a quarter of the national-scale power generation 1.0651 trillion kwh, an increase of 13.4%, higher than the fourth quarter of 2010 increased 7.6 percentage points in March to 383 billion kwh electricity generation, is in addition to August 2010 up to a month outside.
Into April, the situation has not been effectively improved. At present, Zhejiang suffered the most serious since 2004 electricity shortage, Zhejiang has developed strict and orderly power program, and high energy consumption enterprises rotating power. In addition, since late April, Central China Power Grid continues to maintain a high level of electricity, coal stocks continued to drop the whole network. As of April 25, the whole network is available only 9 days coal stock.
The current power shortage in Guangdong Province at about 100 million to 200 million kilowatts, the largest electricity shortfall in the second quarter is expected to reach 400 million kilowatts, Guangdong has enabled a new round of "limited power" measures, focusing on arrangements 8 categories of peak load shifting energy-intensive industries production, and focus on protection of residential electricity, will not be affected.
With the weather warming, the industry started apparent increase in industrial electricity, and the other data, according to the Central Meteorological Observatory, the recent warm temperatures, Guangdong, than the historical level of about 2-3 degrees over the same period, the rise of social power. Coal stocks weakened, Japanese consumption has increased, the number of days available power decreased.
As a major consumer of coal stored coal power plants to reduce the enterprise, the natural growth in coal demand driven, the user has intensified purchasing coal, which also contributed to rising coal prices.
April 27, seaborne coal Network Index Center released the second eighteen Bohai thermal coal price index, the current average price of the 808 Composite Index yuan / ton, up 9 yuan / ton, or 1.13%, the highest a trial run of the index since the highest price.
The index has been kept up for six weeks, has been an overall, up 41 yuan / ton, the Bohai Rim regional market demand and supply of thermal coal to maintain "seller's market" Characteristics of the same, but the strength has weakened, prices slowed down.
On April 30 about the end of the Datong-Qinhuangdao line maintenance work, or bring to the market expectations of improved resource situation, and make before the "panic" buying emotions calm down to some extent, coal power plant is expected to be some improvements. With the province's runoff water in summer if the normal situation, power shortage situation is expected to be part of the relaxation.
April 28, the National Development and Reform Commission issued a formal "order power management approach" (hereinafter referred to as the "Rules") of the notice, starting from May 1. "Measure", in the power supply, emergency, etc., through administrative measures, economic instruments, technology and methods, according to the control part of the electricity demand. At the same time, a clear focus on high energy consuming enterprises limited electricity. (An Zhiyuan)

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