The hottest coal industry is falling from industry

2022-07-26
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The coal industry is falling from "industry wide profit" to industry wide loss

the coal industry is falling from "industry wide profit" to industry wide loss

China Construction Machinery Information

"winter is coming, can spring be far behind?" However, in front of the coal market, which has been cold for three years, the industry is worried. At the "2015 mid-term coal market seminar" held here a few days ago, experts believed that the coal market, which is entering the "loss of the whole industry", will eventually return to rationality. Coal enterprises in the depressed market should accelerate their transformation and look for future opportunities

"the coal industry will face an overall loss situation in 2015." In late March, the analysis made by luyaohua, the president of China Coal Industry Association, after the establishment of the modern theory of deputy vibration measurement analysis and simulation analysis was being fulfilled

less than three months later, dongyueying, Secretary General of China coal transportation and Marketing Association, said that as of April, the national coal state-owned and state holding enterprises had suffered overall losses; According to the statistics of China Coal Association, 90 large coal enterprises lost 440million yuan as a whole, while in the same period last year, this figure was still 21.77 billion yuan as a whole

after bidding farewell to the "golden decade", the coal industry is rapidly falling from "industry wide profit" to "industry wide loss"

according to the data provided by dongyueying, since 2015, affected by multiple factors, such as slowing demand, difficulty in digesting excess capacity, increasing difficulty in controlling the total amount of coal, leading screw of international energy price decline, coal production and sales have decreased, inventories remain high, coal prices have continued to fall, and business difficulties have intensified

From January to may, the national raw coal output was 1.46 billion tons, a year-on-year decrease of 93.21 million tons, or 6%; The national coal sales volume was 1.32 billion tons, a year-on-year decrease of 127million tons, or 8.8%. By the end of May, the coal inventory in the whole society had exceeded 300million tons for 41 months, the coal shipment volume had decreased year-on-year for 9 consecutive months, the coal price had decreased by more than 100 yuan in the year, and the coal industry in Heilongjiang, Jilin, Liaoning, Hebei, Shandong, Anhui and other provinces had suffered overall losses

it is noteworthy that since late May, coal prices have shown signs of stabilization and recovery. On June 10, the Bohai Rim thermal coal price index closed at 418 yuan/ton, rising for the second time since 2015. The company's production and operation center organized a technical research team to use the problem tree to analyze the rise of iron content from the aspects of human, machine, material, method and environment, with an increase of 4 yuan/ton. The analysis shows that some large-scale enterprises, i.e. coal enterprises raise coal prices every time they re power on, the coal import volume decreased significantly in May, the summer power coal peak is coming, and other positive factors are the main reasons for the recent recovery of thermal coal price index

experts believe that a series of "steady growth" policies issued by the state, as well as the construction of major engineering projects such as railways, highways, water conservancy, urban infrastructure and shanty town reconstruction, will drive the recovery of coal consumption. It is expected that the decline in coal consumption will gradually narrow in the second half of the year, and the total coal consumption of the whole year may be basically flat

however, it is difficult to fundamentally change the pattern of market supply exceeding demand in the short term. Wang Yun, a coal market analyst, believes that the price rise of large coal enterprises this time is a "tentative rise", and the power for the subsequent rise of coal prices is obviously insufficient

Niu Kehong, Deputy Secretary General of China Coal Economic Research Association, said that in order to get rid of the abnormal phenomenon of "industry wide loss", coal enterprises must first get rid of the past expansion inertia and scientifically study and judge the market situation. It is necessary to change the development mode of "relying on resource scale expansion and other market opportunities to make profits" in the past, from "price competition" to "quality competition", from "bigger" to "stronger", from a simple coal supplier to a production service provider, and look for future development opportunities in the depressed market

facing the "cold winter" of the market, some coal enterprises have begun to adjust. Since last year, large coal enterprises have deepened the reform, and some enterprises reduced the cost per ton of coal by more than 80 yuan in 2014

Niu Kehong believes that after the survival of the fittest in the market and capacity adjustment, the coal market is expected to gradually enter a "rational development period" in twoorthree years, and coal enterprises will gradually evolve into comprehensive energy enterprises, green energy enterprises, and even cross-border operations

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