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A few days ago, in terms of China's coal prices, Shanxi Coal Mine lost more than 100 yuan for every ton of coal sold
.
As of November 2015, the profits of 90 large coal companies fell by 50 billion yuan, down 91% year-on-year, and the loss of the entire industry has reached 95%.
Coal companies are under pressure and call for coal floor prices
.
In this regard, the China Coal Association said that comprehensive measures
should be taken to maintain a reasonable recovery in coal prices.
The reason why coal companies want to set coal floor prices is because the coal industry is not far from the loss of the whole industry, and the situation is quite difficult
.
In fact, as early as 2014, the China Coal Association proposed a price limit target for coal prices, hoping to promote the price of thermal coal to rise back to the level of 0.
1 yuan/kcal-0.
12 yuan/kcal, that is, 550 yuan/ton-660 yuan/ton
.
But for now, coal prices have fallen far more than that
.
In this regard, Jiang Zhimin, president of the China Coal Association, said that the reasonable price proposed in the previous two years was based on the development of the entire industry to ensure the stable operation
of the industry.
But now, this wish is far from being achieved due to the serious imbalance between supply and demand, and coal prices are still falling
.
12Next View full article
A few days ago, in terms of China's coal prices, Shanxi Coal Mine lost more than 100 yuan for every ton of coal sold
.
As of November 2015, the profits of 90 large coal companies fell by 50 billion yuan, down 91% year-on-year, and the loss of the entire industry has reached 95%.
Coal companies are under pressure and call for coal floor prices
.
In this regard, the China Coal Association said that comprehensive measures
should be taken to maintain a reasonable recovery in coal prices.
The reason why coal companies want to set coal floor prices is because the coal industry is not far from the loss of the whole industry, and the situation is quite difficult
.
In fact, as early as 2014, the China Coal Association proposed a price limit target for coal prices, hoping to promote the price of thermal coal to rise back to the level of 0.
1 yuan/kcal-0.
12 yuan/kcal, that is, 550 yuan/ton-660 yuan/ton
.
But for now, coal prices have fallen far more than that
.
In this regard, Jiang Zhimin, president of the China Coal Association, said that the reasonable price proposed in the previous two years was based on the development of the entire industry to ensure the stable operation
of the industry.
But now, this wish is far from being achieved due to the serious imbalance between supply and demand, and coal prices are still falling
.
12Next View full article
12Next View full article