International coking coal resources and the market recently in the forum held China Coal Industry Association vice president Lu Yaohua predicted that this year the coal market quantitative easing, the structural surplus situation is not a fundamental change in the coal market still faces many uncertain factors.
Lu Yaohua said this year the national coal supply capacity of 40 tons of annual output of 38 tons is expected to grow to about 2.7%.
"In addition, China's coal imports will still maintain a larger scale." Lu Yaohua said although the country will be taken to strengthen the commercial coal quality management limit inferior coal import and use measures but global coal market has excess capacity pressure still exists the import and domestic coal and some spread initially expected full year net imports will be 3 tons.