In February 5th, China Coal Group, one of the two largest coal enterprises, was informed that in order to guide the coal market price to a reasonable interval, China Coal actively reduced the spot price, and promised that the spot price of the "two sessions" will not rise.

 

In 2017, affected by the demand than expected, capacity replacement lag, in car embargo and other factors, the price of coal is high, the annual BSPI are 600 yuan / ton wandering up and down. Since 2018, the price of coal has not slowed down. It is understood that at present, the 5500 big card power coal market at the port of Bohai has risen to about 780 yuan / tonne.

China Coal Group said that under the premise of ensuring safety in production, it will strengthen production organization, and actively coordinate the port and railway departments to do well the work of coal transportation, so as to ensure effective convergence of production, transportation and marketing, and ensure the continuous and stable supply of coal.

First, we should strengthen the production organization and stabilize the supply of the market. The coal safety work conference held in January 2nd, during the January Spring Festival and the safety production and keeping warm for the deployment of specialized work, advance planning, requirements of the production of enterprises during the Spring Festival holiday holiday less or not, to ensure safe and stable production, increase the supply of coal. During the Spring Festival in 2018 issued "the coal enterprise production organization arrangement of the notice", the arrangement of 23 mines during the Spring Festival, the normal production of coal production, efforts to grasp the organization during the Spring Festival, to ensure coal production, washing and shipping demand during the Spring Festival, the average daily production of 50 thousand tons more than usual.

The two is to speed up the release of new high quality production capacity and expand the supply of coal. The coal mines 15 high-quality production capacity is expected to add to the end of 2018, the total production capacity of 54 million 700 thousand tons, of which: Qing coal mine, menk cucurbitacin coal mine 8 coal mine construction has been basically completed, is to improve the relevant procedures, in 2018 into the joint commissioning, production capacity of 47 million 200 thousand tons / year. 5 nuclear increased production capacity mines, such as the South beam and the Nanyang slope, have a total nuclear capacity of 4 million 800 thousand tons per year, and are planned to be put into operation in the first quarter of 2018.  In addition, there are 1 technical transformation of the mine production scale of 900 thousand tons / year, the mining license is now being postponed, and is planned to be put into production in the three quarter of 2018. 1 coal mine production approved production capacity of 3 million 900 thousand tons / year, the first quarter of 2018 production plan.

The three is to strengthen communication and coordination with the railway departments to ensure the coal transportation. Actively seek the support of railway transportation, adjust the flow of resources, increase the Qinhuangdao port, North Port coal imports, the port inventory supplement. At the same time, the optimization of cargo convergence process, accelerate the port transfer, give priority to the needs of users in an emergency. With the railway company and hutie Bureau and Taiyuan Bureau of coordination and communication, to implement the 2018 coal transportation capacity allocation, strengthening coal transportation three party mutual, guarantee the supply of coal. The implementation of the coal transport during the Spring Festival, the annual average daily loading quantity beyond February railway sinotrans.

The four is to strengthen the port cargo convergence, stability of the market price of coal. Actively coordinating with the shipping department, reasonable adjustment of port cargo flow, strengthen the cohesion, during the Spring Festival and arrange special duty, focus on coal shipment scheduling, customer focus of coal storage plant, one of a policy to ensure the supply of coal. At the same time, take the initiative to reduce the spot price, guide the coal market price to return to the reasonable interval, and promise that the spot price before "two meetings" does not rise.

Five is the early signing of multi - signed medium - and long - term contracts, to stabilize the market expectations. The coal group conscientiously implement the spirit of the national development and Reform Commission Document No. 1843, according to early sign, the sign of the real requirements, in 2017 December the rapid completion of the long-term contract between central and local power enterprises, large state-owned power enterprises such as terminal users, in 2018 January in accordance with the new long-term contract to carry out coal supply. At the same time, China Coal Group, in contrast with the document No. 1843 of the national development and Reform Commission, checked the contract signing situation of the coal enterprises one by one, mobilized and encouraged mixed ownership enterprises to sign more long-term contracts. In 2018, China Coal Group expects to increase the supply of the long association by nearly 20 million tons compared with 2017.

The six is to increase the external purchase of resources, and fully guarantee the needs of key users. The coal group in the release of advanced productivity growth at the same time, according to user needs, play advantage and make good use of washing and shipping, coal washery, loading station and other aspects of the logistics resources, strengthen the construction of the external resources platform, deepening and the headwaters of medium and small coal enterprises cooperation, and the source and logistics aspects of transit sourcing efforts, gathering scattered the society fast coal resources market, improve key areas, focusing on time supply capability.