Tu enterprise vigilance: China's coal industry gradually entered the era of "control of production."

China Paint Network
: Recently, Shanxi, China's coal-producing province, released the next five years of energy development strategy objectives, clearly delineated the coal production, use, sales ceiling, no longer compete for the "coal boss."
this goal, Shanxi's raw coal production will be controlled to less than 1 billion tons by 2020, export volume of less than 600 million tons, the province's total energy consumption of about 260 million tons of standard coal.
, China's largest coal producer, also said it would cut coal production by 10.8 per cent this year, 33m tonnes from 2014. Large coal companies such as China Coal Energy and Tongcoal Group will also implement production-limiting plans.
under the dual pressure of "cold winter" and environmental constraints, China, the world's largest coal producer and consumer, is gradually entering the era of "production control".
" two years ago, clearly the market surplus, large coal enterprises instead of 'quantity for price', into a vicious circle. A Shanxi coal industry source said that as early as the end of 2011 coal prices began to decline, overcapacity problems have emerged, but coal companies fear unilateral production control to lose the market, but increase production.
until last year, when the coal production curve, which had been rising for 14 years in a row, came to an end. According to the National Bureau of Statistics, the country's raw coal production in 2014 was 3.87 billion tons, down 2.5% year-on-year.
the decline in coal production, in addition to the nearly four years of market "cold winter", more importantly, from the environmental policy level of the constraints continue to strengthen. In the past two years, the problem of urban haze, which has attracted much attention, is causing people to reflect on the energy structure mainly based on coal.
the end of last year, six ministries jointly issued a document that said that in order to prevent and control air pollution, coal consumption in the Beijing-Tianjin-Helu region will be 83 million tons lower by 2017 than in 2012. Over the next two years, China will reduce coal consumption by at least 160 million tons.
, some coal mines illegal and illegal production, super-capacity production and other phenomena have not been completely eliminated. By the end of last year, China had registered 6,816 coal mines with a capacity of just 3,126 million tons, far below actual production in recent years, according to the State Energy Administration.
even if capacity does not grow, it will be difficult to change the coal market in the future oversupply pattern. Pan Yun, vice president of the Shanxi Academy of Social Sciences, said that on the one hand, economic growth is slowing, on the other hand, energy conservation and emission reduction efforts, hydropower, natural gas and other alternative energy proportion increased, these factors will have a dampening effect on coal demand.
Pan Yun suggested that while strictly enforcing policies such as limiting production and curbing over-production, we should strengthen coordination among coal-producing countries and avoid aggravating vicious competition in the process of "controlling production".