It is difficult to ensure that coal orders exceed the planned 600 million tons of railway capacity this year

In 2011, the national coal production and transportation needs to formally converge. The reporter learned from the China Coal Transportation and Marketing Association yesterday that at the time of 24 o'clock on the December 31 last year, the total coal production and transportation demand in China reached 1.54221 billion tons in 2011, which exceeds the total amount of coal across the province that the National Development and Reform Commission planned for this year. 922 million tons reached 610 million tons. According to the previous plan, the 2011 coal contract summary work will begin today (January 4th).

Exceeded the planned total of 600 million tons. The Development and Reform Commission formally issued the relevant documents for coal production, transportation, and transportation in 2011 on December 6, 2010. According to the requirements of the document, the total number of inter-provincial coal blended in 2011 was 932 million tons, and coal production and transportation needs The deadline for work is 24 o'clock on December 31, 2010. According to statistics from the China Coal Transportation and Marketing Association, as of December 24, the number of contracts required for coal production and transportation in 2011 only accounted for 24% of the total connection volume. Prior to this, the outside world had worried that coal companies would not sign contracts due to the price limit of the Development and Reform Commission. However, the amount of convergence in the two days near the end of the surge, the final signing amount exceeds the amount of 610 million tons issued by the National Development and Reform Commission.

"The last two days of contractual volume surges are mainly due to the deadline. Many large orders such as Shenhua Group and China Coal Group have been confirmed," said a person from the China Coal Transportation and Marketing Association.

Prior to this, China's coal companies signed annual coal use contracts with major coal and coal industries such as electricity and steel, and held coal orders. The contract price is set by the government and the price is lower than the price of coal on the market. The National Development and Reform Commission formally abandons the annual coal contract guidance price from 2006, and the price is determined by the market. With the continuous rise of coal prices in the market, the contract coal price has also increased year by year. However, owing to the price situation this year, the NDRC issued a document this year asking coal companies not to raise prices for any reason.

It is difficult to ensure that the railway transportation capacity is the important content of coal production, transportation, and transportation in addition to determining the price and the amount of coal in the next year. According to the notice of the China Coal Transportation and Marketing Association, the 2011 coal contract summary will be held today in Nanning, Guangxi. Its main task is to check the key coal contracts and submit them to the National Development and Reform Commission and the railway transportation department for capacity allocation.

It is worth noting that the final contracted volume this year exceeds the planned 610 million tons. Can railway capacity be guaranteed? Li Chaolin, a coal market expert, told reporters that it is precisely because of the tightness of railway transportation capacity in China. Therefore, all power companies want to obtain a capacity plan through multi-signature contracts, which leads to a contract volume that eventually exceeds the national plan. The total amount of inter-provincial cohesion of coal delivered by the National Development and Reform Commission including transportation capacity is 932 million tons, and the exceeding of the 610 million tons of contract capacity will be difficult to guarantee.In this case, only key coal contracts can guarantee the railway transportation capacity. ”

A local power company executive told reporters that in order to secure more coal resources and ensure capacity, his company signed contracts with small coal companies in addition to signing key and cost-effective key coal contracts. These contracts are only quantity and not negotiated, and both parties will negotiate at the current market price.