"Since May, the national coal market, the dramatic changes in the coal industry entered a period of adjustment, the sharp drop in the growth rate of coal demand, production and sales, railway and port transshipment amount, net imports of sustained and rapid growth, which led to the society as a whole coal a rapid increase in inventory and corporate receivables, coal price index and market sentiment index fell sharply, the business many difficulties. "China Coal Industry Association recently held a press conference in Beijing, the economic operation of the first eight months of this year, coal Bulletin, vice president of the China Coal Industry Association Secretary-General Kang Ji-min said so. 

Although coal market there have been some signs of stabilization, but China's coal price index and the national coal market sentiment index trend analysis, coal economic operation has not yet rebounded significantly greater downward pressure on the market still exists, especially in the metallurgical coal market, he said, is not encouraging. The annual coal production capacity growth is expected to exceed the growth in demand for imports remains high, the oversupply pressures are still strong. 

The statistics of the China Coal Industry Association data show that the first eight months of this year, the national coal production 25.7 million tons, an increase of 108 million tons, an increase of 4.4%, the growth rate down 7.9 percentage points; national coal sales of 2.47 billion tons, an increase of 095 million tons , an increase of 4%, an increase of 10.7 percentage points down. Meanwhile, coal stocks continued to remain high. According to reports, the end of August, the coal enterprises in coal storage 87.85 million tons, the chain increased to 5.62 million tons, an increase of 6.8% year-on-year increase of 35.85 million tons, an increase of 69%. The coal industry to the inventory pressures are still strong. 

In the analysis of the impact the main reason for the current coal market changes, Kang Ji-min pointed out: First, the world economy remains in the doldrums and an increase in domestic economic difficulties, the decline in the growth rate of coal consumption; International Energy production and consumption patterns change, Europe and the United States and other major economies, demand for coal The decline in the international price of coal fell, a substantial increase in China's net imports; sustained long-term growth of investment in fixed assets of the coal mining industry, capacity building ahead; negative growth because of climate reasons, the hydropower full hair, thermal power. 

Greater downward pressure on coal market will continue into how fashion can not be clear. "Kang Ji-min in an interview with this reporter, said," This will depend on the macroeconomic situation., Industrial concentration is gradually increased from the current point of view coal prices are reasonable regression if prices stabilize or slightly callback, I think is a more reasonable price. "Kang Ji-min final.