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On February 14, the list of the first batch of coal mines that Yulin agreed to resume production has been published, but contrary to expectations, the resumption of production of coal mines is not ideal. At present, all the coal mines produced are those that resumed production before the release of the resumed production documents, and the new resumed production coal mines are zero.
Why is the resumption of production so slow?
At present, many coal mines are still in the mode of Spring Festival holidays. The time of receipt and leave notified before the year before has not arrived. In addition, to avoid safety accidents in coal mines, it is necessary to carry out self-inspection before resuming production and rework, and it takes a certain time.
In addition, the main reason for the slow resumption of coal mine production is the weak demand.
There are 263 coal mines in Yulin. At present, there are only 17 coal mines in Yulin. In the case of a small number of coal mines, the coal price is still in the downward trend, indicating that the current demand for coal is insufficient.
Some coal mines that allow resumption of production are still dominated by sales stocks and are not yet in production.
Notify the customers who buy coal: Because our company has sold out of coal stock, we will stop all vehicle registration from now on. Vehicles that have issued cards will be loaded normally. The specific starting time will be notified separately, so it will bring inconvenience to you. Please forgive me!
Weiwall Coal Sales Department February 17, 2019
At present, cement factories, chemical factories and power plants have the demand of replenishing storage, but Changxie coal is fully enough, and there is no need to replenish market coal at all, so the market price of coal is suppressed. Other coal mines that have stopped production are worried that after large-scale resumption of production, the price of coal will go down in an all-round way, so resumption of production is relatively slow.
However, according to the mine, after January 15, downstream enterprises will start construction on a large scale, and the number of coal mines in their producing areas will increase.
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