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Annual production capacity exceeding 100 million yuan

National Development and Reform Commission: coal production and transportation needs to work steadily

 

December 15, the National Development and Reform Commission issued "on the 2012 coal production and transportation needs to be connected to the notice", requiring coal supply and demand sides within 15 days after the notice issued to complete the contract signed. The notice also shows that the inter-provincial coal-to-rail capacity allocation in 2012 was 834 million tons, down by 98 million tons from the provincial intermodal coal transportation in 2011, down 10.5 percent year on year. Another notice clearly pointed out that the support of coal and end consumer enterprises directly signed a contract to reduce the intermediate links.

Investment adviser in the coal industry researcher Qiu Xi Zhe pointed out that this is the second time in recent years, the National Development and Reform Commission to shorten the coal contract negotiations time, in 2009 and 2010, the National Development and Reform Commission left the negotiating time is not more than 30 days, and In the last year the National Development and Reform Commission for the first time to shorten it to 25 days, this year is again shortened to 15 days. The reason why to shorten the coal contract contract negotiations time, mainly because the coal enterprises in the negotiations in a strong position, power companies struggling to cope. Hard to stipulate the contract signing time, is conducive to the early completion of the contract coal negotiations, which is more favorable for power generation enterprises.

2012 inter-provincial coal railway capacity allocation than the 2011 reduction of 98 million tons is another clear signal that the NDRC is gradually reducing the total amount of contract coal to expand the number of coal market, which reflects the government will gradually relax on the Coal market regulation efforts to promote the process of marketization of coal transactions. Contract coal shortcomings are slowly revealed, and its compliance rate is gradually reduced, therefore, gradually reduce the proportion of coal contract to promote the coal market in line with industry trends.

Investment research director Zhang Yanlin pointed out that the support of coal mines and end consumer enterprises directly signed a contract to reduce the intermediate links is the government in order to reduce the cost of coal enterprises to take the initiative. From the actual situation, the existence of a large number of intermediate links is to promote coal prices continue to rise an important promoter. To achieve a direct contract between coal mines and enterprises, eliminating the cost of intermediate links, will reduce the thermal power production costs.

Investment consultants released the "2011-2015 China Coal Industry Investment Analysis and Forecast Report" shows that in 2012, the coal supply and demand will remain tight state, local areas, individual time there will be an imbalance in coal supply and demand phenomenon. In order to meet the demand for coal production and to ensure the healthy development of the national economy, the government needs to take various measures to promote the coal production and transportation needs to make progress.

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