Imported coal is 18 percent cheaper than domestic coal, electricity prices active breach of contract coal contract
Within six months, the Chinese coal market to achieve a counter-attack. Previous years, low key contract coal prices rather than the performance of coal prices has become passive. Reporter yesterday learned from the market, some power enterprises have chosen the cheaper price of imported coal, while the key coal contracts signed by the breach of contract with the coal enterprises.
Shandong, a household electrical appliance enterprises boss complained to reporters, said the coal reserves of the enterprise has a serious surplus of "the shipment of coal has no place to unload put, but the supply-side or in the 'positive' to fulfill key coal contracts, a steady stream of transport , storage has become a big problem. we had to breach of contract, in order to relieve the pressure. " Otherwise an electricity prices have also said that the pre-purchase a large number of low-cost imported coal storage sufficient electricity prices, contract coal is a heavy burden for them. Learned in the interview, a lot of electricity prices, coal reserves have been nearly saturated, and some electricity prices need to digest even 30 days, and safe production of the electricity prices will cause some pressure.
In this regard, the coal companies generally said he was helpless. A coal prices are official told reporters, they are forced every day to go out in order to sell their coal and electricity prices to draw feelings, to win more sales, part of the unsustainable companies now been discontinued.
Over the years, the domestic coal price has been high, the beginning of this year has remained at 800 yuan per ton, the upper and lower electricity prices, have said the heavy cost burden. Foreign coal enterprises of China has long been the cover of darkness, trying to use to seize the Chinese market at low prices. The latest data show that the Guangzhou Hong Kong imports of thermal coal for 516 yuan / ton, the same period, Qinhuangdao thermal coal prices as high as 630 yuan / ton, the spread is 114 yuan, the former about 18% cheaper than the latter. Such a disparity in spreads for long-term loss of electricity prices has a great temptation. "In particular, foreign coal is better in quality, making part of the electricity prices to breach of contract not hesitate to turn to buy imported coal, thus contributing to the first half of coal imports greatly increased." Qinhuangdao coal analyst An Zhiyuan said. According to statistics of the first half of the total imports of 139.85 million tons of coal, an increase of 65.9%, which imported 27.19 million tons in June, a record high.
In addition, electricity prices to the person in charge, contract coal prices are generally around $ 600, and now even in parts of the phenomenon of the market price of coal is lower than the contract price of coal, it has become part of the electricity prices to select the important reason of the breach of contract.
This situation is coal enterprises has been dominated unexpected. A few years ago, coal prices continue high, coal prices are often reluctant to implement the key coal contracts for price increases is limited.
Last year, the newspaper had reported that the contract coal of about $ 200 lower than the market price of coal, coal prices is difficult to gain in the key coal contracts, so there will price privately raise and then sell the phenomenon of electricity prices. According to industry sources, there were nearly 20% of the coal enterprises in breach of contract in short supply, electricity prices have to follow the market to accept the prices of coal prices. For this phenomenon, the end of last year, the National Development and Reform Commission has issued a notice to the 2012 annual key contract coal prices to a maximum increase of 5%; including the northern port 5500 calories, including Qinhuangdao Port coal spot price shall not exceed 800 yuan. / ton.
But this year, with the overall slowdown in economic growth, domestic demand for coal significantly weaker. Bohai Rim coal price index released on Wednesday 13 losing streak in the 5,500 kcal power coal prices have dropped to 625 yuan / ton, and contract coal prices have been very close. Market coal and contract coal price differential is narrowing, the fate of coal in the contract seems to have reached a turning point. An Zhiyuan said, although the difference narrowed, but coal, electricity and mutual restraint or to extend the contract period is the long-term policy. Ma Hao