Coal spot prices fell sharply in 2009 the probability of not
April 22 hearing of household coal charges and inventory in the April 13-19, a minor boost throughout the week. Qinhuangdao coal charges are "not short off-season" prices. Industry sharp out that the "do not short off-season" is restricted to making coal charges, the consequences emerge restricted to Sinotrans. Although demand from the downstream down turn since 2008, but proceeded in 2009 constrained the influence of restricted output, coal location charges do not fall probability.
Port of Newcastle, Australia (NEWC) coal spot price last week (April 13-19) fell 0.12 U.S. dollars / tons, Pericyclic than a decrease of 0.2%, up on Central than 4.7 percent, down 49.9% year-on-year, April 17th for 63.12 U.S. dollars / ton. April 20 Qinhuangdao gifted mixed Shanxi average 57.8 yuan / ton, up Pericyclic than 8 yuan / ton or 1.3%, up on Central, more than 3.6 percent, down 2.9 percent year-on-year. April 18 Qinhuangdao Port coal stock for 3.72 million tons, an increase Pericyclic than 183,000 tons or 5.2% decrease on 37.8%, 42.5% year-on-year decline. Both prices and inventories rose slightly.
CICC is the coal industry analyst Han LONDON exchanges spiky out that the month of the every year coal consumption season 3-5, the spot market coal mine rehabilitation depends on the strength of the middle class. Domestic steam coal by the end of March since the spot market is not condensed off-season phenomenon, Qinhuangdao coal prices rose slightly. The pursuing May the trend of coal prices will trust the main effecting paddocks in Shanxi coal mine complex effecting small progress, as well as the requires of downstream users can reach to rise. As a result of Shanxi, Inner Mongolia and Shaanxi and other regions of the calm of the forceful coal market, coal spot prices have declined significantly and the probability of not.
Shanxi provincial central social family members newly passed "Shanxi coal industry reorganising and revitalization of planning" (referred to as the "planning"). "Planning" that it would spare no action to promote integration of the Shanxi coal industry reorganising and mergers, and fiscal endeavours to speed higher the erected plan of the coal cycle. Scheduled for 2011 in the existing coal based on the 2600 reduction of 60%, to 1000 the diagram of coal mines and at the same time money in a assembly of come seal 300 billion will be corrected to improve small and medium-sized coal mines for more than 1.2 million tons every year demonstration size of very many mine.
CITIC Securities head coal commerce analyst Wang Ye said, "planning" the short end of the second quarter will outcome in the household coal market taut provide capacity. The closing down of the localized little coal mines account for about 70% of the capacity of localized inorganic assets, and finally will sway the yield of 215 million tons in Shanxi Province. Coal in 2008 in agreement with the localized trains and street transport situations (outside the coal yield accounted for 62.20%), conveyed about by the shutdown of about 134 million tons of coal to decrease the outside.
Shanxi coal sector, according to issued knowledge, the first quarter of 2009 coal demonstration in Shanxi Province for 110 million tons, an forfeit of 17 million tons, coal traffic into the open the 94.24 million tons for the same time span terminal year fell by virtually 30%. China Coal Transportation and Marketing Association knowledge demonstrate that in 2008 the first quarter of 143,190,000 tons coal-producing Shanxi Province. Compared the couple, the first quarter of 2009, Shanxi coal demonstration 30 million tons or over.
Analysts believe that, although the lower reaches of the short term the demand for the coal industry will not be any sharp rebound, but the coal resources in Shanxi Province, the production planning will continue to fundamentally change the supply side of the coal industry in order to change the coal industry focus on the industrial structure and improve degrees, to some extent, support the domestic coal prices. - 21393
Port of Newcastle, Australia (NEWC) coal spot price last week (April 13-19) fell 0.12 U.S. dollars / tons, Pericyclic than a decrease of 0.2%, up on Central than 4.7 percent, down 49.9% year-on-year, April 17th for 63.12 U.S. dollars / ton. April 20 Qinhuangdao gifted mixed Shanxi average 57.8 yuan / ton, up Pericyclic than 8 yuan / ton or 1.3%, up on Central, more than 3.6 percent, down 2.9 percent year-on-year. April 18 Qinhuangdao Port coal stock for 3.72 million tons, an increase Pericyclic than 183,000 tons or 5.2% decrease on 37.8%, 42.5% year-on-year decline. Both prices and inventories rose slightly.
CICC is the coal industry analyst Han LONDON exchanges spiky out that the month of the every year coal consumption season 3-5, the spot market coal mine rehabilitation depends on the strength of the middle class. Domestic steam coal by the end of March since the spot market is not condensed off-season phenomenon, Qinhuangdao coal prices rose slightly. The pursuing May the trend of coal prices will trust the main effecting paddocks in Shanxi coal mine complex effecting small progress, as well as the requires of downstream users can reach to rise. As a result of Shanxi, Inner Mongolia and Shaanxi and other regions of the calm of the forceful coal market, coal spot prices have declined significantly and the probability of not.
Shanxi provincial central social family members newly passed "Shanxi coal industry reorganising and revitalization of planning" (referred to as the "planning"). "Planning" that it would spare no action to promote integration of the Shanxi coal industry reorganising and mergers, and fiscal endeavours to speed higher the erected plan of the coal cycle. Scheduled for 2011 in the existing coal based on the 2600 reduction of 60%, to 1000 the diagram of coal mines and at the same time money in a assembly of come seal 300 billion will be corrected to improve small and medium-sized coal mines for more than 1.2 million tons every year demonstration size of very many mine.
CITIC Securities head coal commerce analyst Wang Ye said, "planning" the short end of the second quarter will outcome in the household coal market taut provide capacity. The closing down of the localized little coal mines account for about 70% of the capacity of localized inorganic assets, and finally will sway the yield of 215 million tons in Shanxi Province. Coal in 2008 in agreement with the localized trains and street transport situations (outside the coal yield accounted for 62.20%), conveyed about by the shutdown of about 134 million tons of coal to decrease the outside.
Shanxi coal sector, according to issued knowledge, the first quarter of 2009 coal demonstration in Shanxi Province for 110 million tons, an forfeit of 17 million tons, coal traffic into the open the 94.24 million tons for the same time span terminal year fell by virtually 30%. China Coal Transportation and Marketing Association knowledge demonstrate that in 2008 the first quarter of 143,190,000 tons coal-producing Shanxi Province. Compared the couple, the first quarter of 2009, Shanxi coal demonstration 30 million tons or over.
Analysts believe that, although the lower reaches of the short term the demand for the coal industry will not be any sharp rebound, but the coal resources in Shanxi Province, the production planning will continue to fundamentally change the supply side of the coal industry in order to change the coal industry focus on the industrial structure and improve degrees, to some extent, support the domestic coal prices. - 21393
posted by X - Men @ 12:49 AM
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