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Coal market prices rose significantly
Source:Chinese fertilizer network   Time:2016-05-28   Read:515second  

On May 25, China coal transportation and marketing association data show that in our country mainly coal, coal production declined significantly, coal prices began to rebound. The industry believes that with China's coal to capacity into full implementation stage, many issued implementation plan, significantly reduced coal production, coal is expected to rise is back to normal, the coal enterprises to maintain a rational judgment and don't blind to resume production.
Data show that coal prices are rising around since April. More than 6000 kcal in a coal mine in Inner Mongolia at the end of the coal pit price from 160 yuan / tons, up to 180 yuan / ton; Shaanxi Yulin 5500 kcal coal closed at 177 yuan / ton, rose 2 yuan / ton; the southern suburbs of Datong, Shanxi calorific value 5500 kcal coal closed 220 yuan / ton, rose 10 yuan / ton; Shaanxi coal transportation and marketing group this year has six times the price adjustment, single coal total the largest increase of 50 yuan / ton.
The industry believes that this is mainly due to rising coal prices, coal production capacity to implement the policy.
Since April, a plurality of Hunan, Hebei, Shanxi and other provinces have developed refinement scheme, in order to speed up the implementation of the specific units, to prevent the occurrence of overcapacity situation. China Coal Industry Association data show that in April, the national coal production fell by 11%, the railway coal transport volume decreased by 8.3%.
According to the data released by the Provincial Bureau of statistics show that in April the scale of production of raw coal in Shanxi Province, more than tons of raw coal, down 21.3%. 1-4 months, the cumulative production of coal in Shaanxi Province, a total of tons, down 13.80%. 1-4 month, Inner Mongolia coal production of tons, down 16.75%.
Although the overall decline in coal production is obvious, but the output of non state-owned coal mines has increased. Inner Mongolia state-owned key coal mine production 8682.65 million tons, reducing 31.09%, but local state-owned coal mines has increased 2095.55 million tons, growth 374.07%; township coal mine production 1537.88 million tons of, an increase of 93.42%, according to data released by the Safety Supervision Bureau of Inner Mongolia.
NDRC energy research, deputy director of the Institute, the academic committee director Li Junfeng in Beijing Daily reporter interview said: "in the past due to overcapacity, decline in coal prices, coal enterprises operating difficulties. With the 'to' capacity to further promote, coal prices rebound, the state hopes to coal prices continued a normal profit, but coal enterprises to rational judgment, not because of the old prices rebound walk blind production. "

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