The Off-Season Is Not Light &Nbsp; Some Provinces And Cities Are In Urgent Need Of Coal Stocks.

The off-season is not bad. This year, some provinces and cities such as Jiangxi, Hubei, Hunan and Chongqing "

Many coal stocks are in urgent need.

Electrical tension

It is reported that in late April, central China Power Grid continued to maintain a high level of electricity, and the whole network of electricity coal stocks continued to decline.

As of April 25th, the coal inventory of the whole network dropped to 8 million 560 thousand tons, which could only be used for 9 days. The daily power consumption of central China Power Grid has reached 20 million kwh. Among them, Hunan, Jiangxi and Chongqing provinces are in a tense state of electricity consumption.

"At present, the situation of electricity supply in Jiangxi has changed greatly, and the pition from" overall balance of supply and demand and relative moderation "to" tight supply and demand in general is more prominent. "And the tight supply and demand will continue for a period of time, which can be alleviated in a short period of time.

On Tuesday, Yao Mugen, director of the Jiangxi provincial development and Reform Commission, told the media.

He admitted that from the perspective of power supply and demand situation, the peak of electricity consumption in Jiangxi was obviously ahead of schedule this year, which increased the early peak formed by the increase in electricity consumption.

"Since the beginning of this year, the power load of the whole network has been kept below 10 million kilowatts, and the peak value of electricity consumption has remained high.

In his view, the economic development of Jiangxi has entered a rapid growth track, and the supply of electricity in Jiangxi will be tightened within one or two years.

According to the state energy administration, the major coal consuming industries in the first quarter have shown strong demand.

Crude steel and cement output increased by 8.7% and 18.1% respectively, and thermal power increased by 10.6%.

The key power generation enterprises in China consumed 322 million 470 thousand tons of electricity coal, an increase of 9.9% over the same period last year, but inventories decreased slightly compared with the beginning of the year.

This is one of the reasons for the shortage of electricity in some areas.

Insiders pointed out that this year's coal and electricity tightened in Jiangxi province may be the early appearance of "coal shortage" in some provinces and cities this year, and the situation in Hunan and Hubei provinces is similar.

The old problem of coal pportation bottlenecks is its immediate cause.

Reporters learned that from the end of March, Hubei electric coal stocks began to enter a downward path.

According to statistics, as of April 26th, Hubei's unified power plant reached 111 thousand tons of coal on that day, 118 thousand and 500 tons of coal consumed on that day, and 1 million 604 thousand and 800 tons of inventory, which is close to last year's minimum 1 million 600 thousand tons inventory level, which is more severe than the most intense period of electricity supply in the beginning of this year.

For this reason, the head of Hubei economic and Information Commission specially went to Shaanxi to coordinate the dispatching of electric coal, increase the power of outsourced electricity, and strive for the support of the Three Gorges power station.

At the same time, reporters learned from Shaanxi province that the economic operation of Shaanxi province was released in the first quarter of March. The power supply situation of the whole province is very intense, and the power grid is always faced with the possibility of power sluice restriction. The main reason is the game between the coal and power enterprises.

It is reported that in the first quarter, the coal and power generation enterprises in Shaanxi failed to reach agreement on the price and structure of the coal supply. The annual supply contract of the electric coal in the province has not yet been signed, resulting in a coal consumption of more than 819 thousand and 400 tons of coal.

Not only that, "the price gap in March affected the normal supply of coal in the province further increased, and the supply of state-owned key coal mines dropped significantly. By the end of March, the total number of power generating enterprises in the province was 616 thousand and 400 tons, a decrease of 11.97% compared to the central level, and the average daily availability of the whole province was 4 days."

Shaanxi development and Reform Commission official pointed out.

Coal imports or continued decline

In fact, from the national perspective, coal supply and demand is basically stable, but because of the sharp decline in China's coal imports in the first quarter of this year, coal demand has been widened and the domestic market balance has been broken.

The head of the State Energy Bureau pointed out that at the end of 2010, Queensland, Australia, suffered floods, and coal output and exports were seriously hampered.

"Since the beginning of this year, the spot price of steam coal in Newcastle port of Australia has basically fluctuated between $120-130 and ton, and imported coal has no price advantage.

Affected by this, the first quarter of the total imports of coal 32 million 370 thousand tons, down 26.4% compared to the same period.

Wang Siqiang, deputy director general of the National Energy Bureau, said.

According to the introduction, in the two quarter, affected by the power companies' summer reserves and other factors, the coal market may be "off-season".

Moreover, Wang Siqiang pointed out that although the domestic coal market price has been at a high level of stability, but the domestic and foreign coal price upside down has exceeded 100 yuan / ton.

International crude oil prices continue to rise, instability in West Asia and North Africa, Japan's post disaster reconstruction and demand growth in emerging economies and other factors are likely to drive the international coal market prices to maintain high volatility in the year.

Therefore, the downward trend of China's coal imports will continue in the year.

Recently, Liu Tienan, deputy director of the national development and Reform Commission and director of the State Energy Bureau, said that in view of the outstanding contradictions and problems in the supply and demand of coal, electricity, oil, gas and pportation, we will accelerate the construction of long-term mechanisms for coal emergency reserve and energy price formation mechanism reform.