Development and Reform Commission: Next year, the supply and demand situation in the coal market is generally loose

The reporter learned on December 8 that at the "2009 coal production and transportation needs convergence video conference," the National Development and Reform Commission said that next year China's coal demand is expected to maintain growth, but the increase will continue to fall. The supply and demand situation in the coal market will be generally loose, but due to the structural contradiction between production and transportation and some uncertainties, there may still be some species, regional and time-related contradictions.
"The current overall situation of China's economic and social development is good, but we must fully understand the seriousness and complexity of the international and domestic economic situation, face up to challenges, strengthen confidence, face difficulties, and go all out to overcome current difficulties and achieve even longer The foundation for the steady and rapid development is laid," said the meeting.
This reporter learned that the National Development and Reform Commission, the Ministry of Railways and other departments expressed at the meeting that they must conscientiously do a good job in coal production, transportation, and transportation next year. Enterprises of coal supply and demand sides shall, in accordance with the principle of mutual understanding and support, do a good job in price negotiations, enhance the awareness of integrity, and increase the coal contract redemption rate. Relevant departments should strengthen macroeconomic control, do a good job in the balance between supply and demand, and vigorously advance structural adjustment.
The meeting emphasized that at present, during the peak period of coal supply, heating and power supply in winter, coal and power companies must organize production and supply, and the railway and transportation departments must arrange for the transportation of passengers and goods to ensure the life of residents and key units using coal and the masses. Travel needs. Strengthen safety in production and resolutely prevent the occurrence of all kinds of serious safety accidents.
It is reported that this meeting was convened by the National Development and Reform Commission with the Ministry of Railways, the Ministry of Transport and other relevant departments and units. The heads of railways, transportation, safety supervision, coal, electricity and other departments and industry associations have put forward specific requirements for the convergence of coal production, transportation and demand.
It should be pointed out that last weekend, the National Development and Reform Commission has issued the "Notice on Accomplishing the Interconnection of Coal Production and Transportation between Provinces and Regions in 2009," and demands that the supply and demand sides should be autonomous within 20 days to one month after this notice is issued. The use of various methods to complete the connection and sign the contract shall not be delayed for any reason, affecting the annual production schedule and capacity of the supply and demand parties.
“According to the situation of some local coal orders, this year's coal-fired power companies are destined to seek a new price balance point in the 'fears',” said Chen Liang, senior analyst at Pingan Securities Coal Industry.

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