Friday, May 20, 2011

power shortage




Xinhua Shanghai May 16 (Xinhua MITIGATION Income Distribution Zhang Ting) into April, China Eastern, Central and other area into a "power shortage" dilemma, re-kindled the coastal coal import demand. Experts expect the second half of 2011, China's coal imports or more than 1 million tons.

    
Into 2011 has been broad based, international market commodity prices, high international price of coal makes the coal market in China Import and Export Situation significant shift, imports fell and exports increased. China Minmetals Import and Export Chamber of Commerce, according to data provided in 2010, net imports of over 140 million tons of coal in China, an increase of more than 40%; the first quarter of 2011, China's net imports to 26,583,600 tons of coal, down 33.05%, of which imports were down 27.12% year on year, exports grew by 1.35%.

    
"China's domestic and international coal price difference is whether the growth of coal imports a decisive factor." PROCEEDINGS China Minmetals Import and Export Chamber of Commerce recently in "My steel net" forum hosted by the import and export of coal, said upside down by domestic and import prices of coal impact of trade in the first quarter of the rise of China's coal exports, while imports because the profit margins are being compressed and slowed down. According to statistics, the first quarter of 2011, average unit price of China's coal imports was 113.7 U.S. dollars / ton, an increase of 21.82%.

    
PROCEEDINGS judge, although from an economic point of view, China's coal imports in the first quarter of this year the enthusiasm is not high, but access to many areas in China since the second quarter, electricity supply, may stimulate China's coal imports in the late rebound in the second half of China's coal imports are expected more than 100 million tons. In addition, since late March, China Bohai thermal coal has been rising for 8 weeks, domestic and international coal price difference is narrowing, which also imports coal traders in China has created favorable conditions for warm restart.

    
"China's main coal producing area in recent years gradually shifted westward in the demand period, the coastal areas often need to import coal from overseas to supplement the demand." Orient Securities analyst Wu Jie coal industry, told reporters that at present, China's coal imports have been normalized as an important complement to the domestic coal supply one of the ways.

    
Often to the summer peaks, the peak winter heating season, such as coal, East, South China coal imports are seasonal peak season. This year was no exception. This year is the "second five" first year, many have launched a new project started strong growth in domestic energy demand, electricity demand growth rate of electricity supply in various parts fast so stretched. In addition, the Central China Hunan, Jiangxi and other drought region, and Sichuan, southwest China late this year, is also not yet reached the flood season, affecting the water output, thus increasing the burden of thermal power, stimulated a surge in coal demand.

    
Today, the "power shortage" problem on imported coal demand stimulus has appeared, especially in east China as a representative.

    
Coal import traders Xiamen International Trade Group Co., Ltd. Coal Center Chen told reporters of the water, in order to meet the demand for electricity this summer, east, south bound full load thermal power generation, coal demand will increase the promotion of local and stimulate the demand for imported coal.

    

China Coal Industry Association, Deputy Director of Policy introduced admits Zhang, China's coal output this year will not be less than 1-April last year, the national coal output was 5.22 million tons, an increase of 16.7%. Datong-Qinhuangdao Railway main line coal this year, will add 50 million tons of capacity, will effectively ensure the coal supply Jingjintang region, but in east China's coal transportation capacity restrictions are still larger.

    
Xu Xu said that in addition to coal-fired electricity needed to power demand, the Chinese lack of quality coking coal has been relatively strong demand, particularly in eastern and southern China to the demand for coking coal this year remain strong, which may be added this year, Zhejiang 30 million tons of coking coal demand.
 

No comments:

Post a Comment