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China Coal's energy sales plummeted

wallpapers News 2020-07-23

the more more strict coal restriction order in Beijing Tianjin Hebei region has been reflected in the financial statements of listed companies. According to the semi annual report of China coal energy, the domestic sales volume of self-produced coal in North China decreased significantly by 18.13 million tons, or 61%, compared with the same period in 2013. China Coal Energy investor relations department to the reporter's reply is, with environmental protection coal restrictions sales strategy adjustment of two factors.

Fenwei energy consulting coal industry analyst Zeng Hao said that the sharp decline in the North China market sales of China coal energy was due to the impact of the Beijing Tianjin Hebei region coal restriction that began to adjust the sales strategy accordingly.

should be noted that in 2013, the "Ten Rules of atmospheric power" the coal restriction measures in Beijing Tianjin Hebei region were successively introduced, the coal stard was greatly improved, coal enterprises such as China coal energy, which had the majority of high sulfur coal, began to adjust their sales strategies. In addition, according to the Ministry of environmental protection, the coal limit stard based on environmental protection has a further trend.

sold less than 18 million tons of coal in North China. The report card of

in China coal energy is not good-looking. From January to June 2014, the operating revenue was 35.435 billion yuan, a year-on-year decrease of 12.3%. The net profit attributable to the shareholders of the parent company was only 686 million yuan, with a year-on-year decrease of 75%. Among them, the sales volume in North China decreased by 61% compared with the same period in 2013, the coal sales volume decreased by about 18 million tons, while the sales in East China South China increased year on year. According to

, 18 million tons of coal sales are not small, the total output of medium-sized coal enterprises such as Yangquan coal industry is only 13 million tons in half a year. Zeng Hao told reporters that the sharp decline in sales of China coal in North China is really due to environmental factors. Since last year, most of the sulfur content stards for coal used in Hebei, Beijing other places have been limited to less than 0.6%, the more relaxed requirements are less than 0.8%. However, the sulfur content in coal char of China coal energy can hardly meet this stard. Zeng Hao of

revealed that the sulfur content of coal owned by China coal is also between 0.8% 1.8%, the sulfur content of the largest coal is between 1.3% 1.8%. "The current coal market belongs to the buyer's market, power enterprises have a relatively large choice can unilaterally dem the sulfur content of coal."

gold silver isl coal analyst Dai Bing also told reporters that in addition to environmental protection factors, the competitiveness of China coal in the North China market is further weakened, because North China is the main market for coal in the market, while the coal sales in South China East China are mainly Changxie coal, "North China is the most competitive market." The

coal restriction order or even more stringent

are actually not only China coal energy limited by the coal stards in Beijing Tianjin Hebei region. Prior to this, when the reporter visited Yangquan, Shanxi Province, insiders of Yangquan Coal Industry admitted to reporters that a considerable amount of local coal was sold to Hebei Province. However, due to the substantial improvement of environmental protection stards in Hebei area since last year, the company has been affected to a certain extent.

around the national day of 2013, the air pollution prevention control action plan other policies were successively issued. Then, Shijiazhuang Tangshan Municipal governments in Hebei Province successively issued detailed measures to restrict high sulfur coke (1098, - 5.00, - 0.45%) coal.

at that time, many coal industry analysts reflected that most enterprises could not meet the stard. Among them, Shijiazhuang area requires the urban area surrounding areas to prohibit the storage, sale use of coal with sulfur content higher than 0.8%; Tangshan City forbids uses coal, products coke with sulfur content of more than 0.6% ash content of more than 15%.

in early June, the National Energy Administration signed the agreement on clean treatment of bulk coal with Beijing, Tianjin, Hebei Shenhua Group companies. The agreement mentioned that Beijing, Tianjin Hebei should basically establish a fully closed coal blending center with counties (districts) as the unit clean coal supply network covering all villages towns by the end of 2017, the utilization ratio of high-quality low sulfur bulk coal clean briquette in civil coal-fired More than 90% of the cases were found.

relevant people from the Ministry of environmental protection mentioned at the recent "forum on clean utilization of coal development of clean coal technology" that some people from coal enterprises asked why the national sulfur emission stard is so strict, "I can clearly say that it is very strict, it will be more more strict." He also revealed that the country will soon introduce a series of policies on coal emissions environmental protection.

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