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Coal prices rising too fast in recent period, the national development and reform commission in charge of economic operation bureau said that this is mainly affected by power generation enterprises had winter coal, transportation demand rises periodically, hot money speculation and other factors. In fact, with advanced production release in place and railway coal capacity is increased, the current power plant coal inventories have risen sharply, increase market supplies and inventory levels up, coal prices continue to rise without foundation.
Since August, the demand for periodic recovery, inventory to cover, section or tight capacity by multiple factors, such as the price of coal continued rapid rise. To this, the relevant state departments in seriously do a good job to work capacity at the same time, the implementation of the supply security work plan. According to the market changes, on the premise of ensuring safety in production, some advanced coal production capacity has been released, at present, the capacity to release range has expanded to advanced capacity coal mine, coal mine safe quality standardization and safe and efficient mine, day is expected to increase coal supply of 1.1 million tons, in addition to guarantee the current supply and demand balance, will further increase inventories of coal.
To protect this winter spring coal transportation need, railway departments actively take effective measures, efforts to increase coal supply capacity, and enhance the difficulty the transport organization. With the implementation of the measures, the recent rail and port coal transportation to keep sustained growth, in September the national railway coal capacity of 160 million tons, than the average growth of 5.2% in August, up 3%; Major ports in China coal 53.23 million tons, up 9.2% from a year earlier. Since October railway coal further increases in traffic, with further increasing, the railway is expected to further improve railway coal cargo in November. Combined with nearly a period of coal has been cr part, local coal supplies tight situation has eased.
According to introducing, the bohai sea recently five main port to about 15 million tons of coal, than the previous low growth 47.5%, reached normal levels; The national unified dispatch power plant coal inventory exceed 100 million tons, 14% higher than previous lows, 23 days are available, and the key to save nearly 65 million tons of coal power plants, than the previous low growth of 35.4%, can be used for 21 days. Society rise, save coal production is greater than the need to show that the current coal supply has advanced capacity gradually release in place.
The analysis of the national development and reform commission (NDRC) that, overall, this round of thermal coal prices, both countries appeared to capacity, control production policy effect, also have periodic, accidental factors superposition effect caused by the irrational rise of components. As to inventory of advanced capacity after the release in place, support factors of the price no longer exists, winter coal prices rise space may have been in advance, the change on the surface of the coal market supply and demand forces is breeding, in anticipation of a season high demand to ramp up production capacity on the policy continue to overweight, middlemen, according to the coal market step by step, when a range of factors superposition together, during the winter market peaks of effective supply is bound to be greatly increased, once the accidental factors, coal supply stage overcapacity and prices will be a big probability event.
In charge of the national development and reform commission said that irrationality from the fundamentals of supply and demand of coal prices is not sustainable, this situation is not conducive to the coal industry to capacity and the sustainable and healthy development, has made an impact on the smooth running of the downstream industry. Authorities are take further measures to stabilize the market supply, smooth coal prices. Supply and demand of the market at present the positive factors are cumulative, with safe, efficient and advanced capacity gradually released, the coal supply is increasing, railway coal capacity will increase further, ports, and users will continue to maintain in a reasonable inventory level. At present, the coal enterprises should be rational treat price, especially the key coal enterprise, we need to fulfill social responsibility, leading leading role in ZengGong stabilizing price; User enterprise to eliminate fear and avoid blindly following further pushing up prices. Relevant departments will also be of colluding, driving up prices, hoarding and other illegal activities, increase efforts to crack down on governance, maintain the normal order of coal market, to supply stable and orderly, meet the needs of the residents live in winter, industrial production from coal, for further promoting coal industry supply side structural reform and economy running smoothly to create a good environment.
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