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【Chemical Machinery Equipment Network Market Analysis ] China is the world's largest coal-producing country.
Coal occupies an extremely important position in China's economic and social development.
The coal chemical industry is also an important pillar industry.
70% of the country's industrial fuels and power, 80% of civilian commercial energy, and 60% of chemical raw materials are provided by coal.
Market analysis of chemical machinery equipment networkChemical machinery and equipmentCoal occupies an extremely important position in China's economic and social development.
The coal chemical industry is also an important pillar industry.
70% of the country's industrial fuels and power, 80% of civilian commercial energy, and 60% of chemical raw materials are provided by coal.
However, due to overinvestment in my country, weak supervision, and serious overcapacity in the coal chemical industry*, in 2016, my country vigorously promoted supply-side reforms.
After several years of supply-side reforms, the current coal supply and demand situation in my country has improved significantly.
After several years of supply-side reforms, the current coal supply and demand situation in my country has improved significantly.
Proved reserves of coal resources are increasing year by year
Proved reserves of coal resources are increasing year by yearProved coal reserves continue to rise in 2019, and are mainly concentrated in a few countries: the United States (23.
3%), Russia (15.
2%), Australia (13.
9%) and China (13.
2%).
According to the "China Mineral Resources Report (2020)" released by *, my country's proven coal reserves were 17.
38.
58 billion tons in 2019, a year-on-year increase of 1.
76%.
3%), Russia (15.
2%), Australia (13.
9%) and China (13.
2%).
According to the "China Mineral Resources Report (2020)" released by *, my country's proven coal reserves were 17.
38.
58 billion tons in 2019, a year-on-year increase of 1.
76%.
National coal production bottomed out and rebounded slowly
National coal production bottomed out and rebounded slowly According to data from the China Coal Industry Association, China's coal production fluctuates from 2012 to 2019.
With 2016 as the boundary, China's coal production is in a slow growth stage from 2012 to 2015.
Although the operating efficiency is not high, all regions are still leading the way.
Investment and continuous expansion of production capacity.
The supply-side reform began in 2016, and the output of that year was greatly reduced.
Take Shanxi Province, the main coal producing area, as an example.
From 2016 to 2017, 52 coal mines in the province were closed, 45.
9 million tons of production capacity was withdrawn, and production coal mines were reduced.
The production capacity is 9.
25 million tons/year.
With 2016 as the boundary, China's coal production is in a slow growth stage from 2012 to 2015.
Although the operating efficiency is not high, all regions are still leading the way.
Investment and continuous expansion of production capacity.
The supply-side reform began in 2016, and the output of that year was greatly reduced.
Take Shanxi Province, the main coal producing area, as an example.
From 2016 to 2017, 52 coal mines in the province were closed, 45.
9 million tons of production capacity was withdrawn, and production coal mines were reduced.
The production capacity is 9.
25 million tons/year.
After the supply-side reform, national coal production bottomed out and increased slowly.
In 2019, my country's coal production was 3.
850 billion tons, a year-on-year increase of 4.
0%.
From January to October 2020, the national coal output reached 3.
149 billion tons, a year-on-year increase of 1.
82%.
In 2019, my country's coal production was 3.
850 billion tons, a year-on-year increase of 4.
0%.
From January to October 2020, the national coal output reached 3.
149 billion tons, a year-on-year increase of 1.
82%.
Trend chart (unit: 100 million tons, %)" width="501" height="417" align="" border="0" />
National raw coal sales rebounded sharply
National raw coal sales rebounded sharply From 2012 to 2017, China's raw coal sales showed a fluctuating trend, with raw coal sales remaining at around 3 billion tons.
In 2018, due to the trade war between China and the United States, large coal consuming countries, and the continuous squeeze of natural gas and other renewable energy sources in the new energy revolution, the coal consumption of China and the United States fell sharply, and the sales of raw coal fell sharply to 1.
369 billion tons, a year-on-year decrease.
55.
29%.
In 2019, it began to rebound sharply to 3.
251 billion tons.
From January to October 2020, the sales volume of raw coal was 3.
015 billion tons, showing a good growth trend.
In 2018, due to the trade war between China and the United States, large coal consuming countries, and the continuous squeeze of natural gas and other renewable energy sources in the new energy revolution, the coal consumption of China and the United States fell sharply, and the sales of raw coal fell sharply to 1.
369 billion tons, a year-on-year decrease.
55.
29%.
In 2019, it began to rebound sharply to 3.
251 billion tons.
From January to October 2020, the sales volume of raw coal was 3.
015 billion tons, showing a good growth trend.
Production of key coal mines rebounded
Production of key coal mines rebounded Except for 2016, the raw coal output of key coal mines in my country has not changed much in the past few years.
From 1.
876 billion tons in 2015 to 2.
838 billion tons in 2016, the output was reduced to 1.
77 billion tons in 2017 under the influence of the national supply-side reform policy.
In 2018, there was a slight increase to 1.
837 billion tons.
In 2019, it continued to maintain a slight increase to 2.
389 billion tons.
As of October 2020, my country's key coal mines produced 2.
220 billion tons of raw coal.
In 2016, under the influence of supply-side reforms, the output of my country's key coal mines rose instead of falling, indicating that the industry concentration has increased and the small gap and backward production capacity have been continuously eliminated.
From 1.
876 billion tons in 2015 to 2.
838 billion tons in 2016, the output was reduced to 1.
77 billion tons in 2017 under the influence of the national supply-side reform policy.
In 2018, there was a slight increase to 1.
837 billion tons.
In 2019, it continued to maintain a slight increase to 2.
389 billion tons.
As of October 2020, my country's key coal mines produced 2.
220 billion tons of raw coal.
In 2016, under the influence of supply-side reforms, the output of my country's key coal mines rose instead of falling, indicating that the industry concentration has increased and the small gap and backward production capacity have been continuously eliminated.
Note: The key coal mines are state-owned coal mines
Sales of key coal mines rebounded sharply
Sales of key coal mines rebounded sharply From 2012 to 2017, the sales of raw coal from key coal mines in my country showed a fluctuating growth trend.
In 2018, the trade war between China and the United States and other major coal-consuming countries and the launch of a new energy revolution resulted in intensified competition between natural gas and renewable energy, which continuously squeezed the share of coal in the energy market As a result, coal-fired power plants have been gradually phased out, coal-fired power generation capacity and utilization rate have been declining year after year.
Coal consumption in major coal-consuming countries such as China and the United States has reached new lows.
In 2018, the sales of key coal mines experienced a sharp decline to 1.
592 billion tons, a year-on-year decrease of 55.
27.
%.
In 2019, it rebounded sharply to 2.
389 billion tons.
In 2018, the trade war between China and the United States and other major coal-consuming countries and the launch of a new energy revolution resulted in intensified competition between natural gas and renewable energy, which continuously squeezed the share of coal in the energy market As a result, coal-fired power plants have been gradually phased out, coal-fired power generation capacity and utilization rate have been declining year after year.
Coal consumption in major coal-consuming countries such as China and the United States has reached new lows.
In 2018, the sales of key coal mines experienced a sharp decline to 1.
592 billion tons, a year-on-year decrease of 55.
27.
%.
In 2019, it rebounded sharply to 2.
389 billion tons.
Note: The key coal mines are state-owned coal mines
In summary, with the advancement of supply-side reforms since 2016, my country’s coal chemical industry has reduced production capacity*, the production capacity formed by a large amount of excessive investment has been eliminated, the industry concentration has increased, the production and sales of key coal mines have increased significantly, and the production and sales of key coal mines have begun to trend in 2019.
Due to the balance, the adjustment of the production capacity of key coal mines resulted in significant results, and the overall supply and demand market of the industry improved significantly.
Due to the balance, the adjustment of the production capacity of key coal mines resulted in significant results, and the overall supply and demand market of the industry improved significantly.
For more detailed research and analysis of this industry, please refer to the "China Coal Chemical Industry Development Prospects and Investment Forecast Analysis Report" by the Qianzhan Industry Research Institute.
At the same time, the Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, industrial investment promotion, IPO fundraising feasibility research and other solutions.
At the same time, the Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, industrial investment promotion, IPO fundraising feasibility research and other solutions.
Original title: 2021 China's coal chemical industry supply and demand market analysis results of significant coal mine capacity adjustments, supply and demand recovery [Photos]
