According to a statistical bulletin released by the National Bureau of Statistics yesterday, China's coal import totaled 164.78 million tons in 2010, an increase of 30.9% compared with the previous year, and the amount of imports for coal imports was 16.9 billion US dollars, an increase of 60.1% year-on-year. Analysts said that while China's coal imports increased last year, international coal prices also rose sharply. It is expected that China's coal demand will continue to increase this year and will continue to increase due to international coal price fluctuations.
According to the communique, China’s crude oil consumption increased by 12.9% last year, natural gas consumption increased by 18.2%, electricity consumption increased by 13.1%, and coal consumption increased by 5.3%. Although the domestic coal production increased by about 300 million tons from the previous year, due to the substantial increase in demand, imports hit a record high, exceeding 160 million tons.
The high import volume coincides with the strong international coal price period. In 2010, as the global economy gradually emerged from the impact of the financial crisis, international energy demand began to increase significantly, and international coal prices showed a strong trend. The statistics from the China Logistics Information Center show that although China's import strategy has fluctuate with the international coal market price trend, it has reduced the import volume at the beginning of the year when the price was high, but at the end of the year, China entered the winter peak period of coal consumption, coal imports It is also the way to go. It is coincident that international energy and metal commodities once again hit a new high since the financial crisis, causing the total import price to soar. This total import volume has set a new record for China's coal import history.
However, Zhen Zhen also stated that with the improvement of resource protection and coal marketization in China, the cost of importing coal in coastal areas may be lower than that of land transport from Xinjiang, Inner Mongolia and other places, and China’s coal import volume will maintain a high growth trend in the future. At that time, there is a possibility that international coal suppliers will “sit downâ€. Especially the high-quality coal-quality primary coking coal, China's current production of this type of coal is relatively small, and the large-capacity steel blast furnace is increasing year by year, and the degree of foreign dependence may increase rapidly in the short term. This is most likely the international coal price. The first stop rose.
According to the communique, China’s crude oil consumption increased by 12.9% last year, natural gas consumption increased by 18.2%, electricity consumption increased by 13.1%, and coal consumption increased by 5.3%. Although the domestic coal production increased by about 300 million tons from the previous year, due to the substantial increase in demand, imports hit a record high, exceeding 160 million tons.
The high import volume coincides with the strong international coal price period. In 2010, as the global economy gradually emerged from the impact of the financial crisis, international energy demand began to increase significantly, and international coal prices showed a strong trend. The statistics from the China Logistics Information Center show that although China's import strategy has fluctuate with the international coal market price trend, it has reduced the import volume at the beginning of the year when the price was high, but at the end of the year, China entered the winter peak period of coal consumption, coal imports It is also the way to go. It is coincident that international energy and metal commodities once again hit a new high since the financial crisis, causing the total import price to soar. This total import volume has set a new record for China's coal import history.
However, Zhen Zhen also stated that with the improvement of resource protection and coal marketization in China, the cost of importing coal in coastal areas may be lower than that of land transport from Xinjiang, Inner Mongolia and other places, and China’s coal import volume will maintain a high growth trend in the future. At that time, there is a possibility that international coal suppliers will “sit downâ€. Especially the high-quality coal-quality primary coking coal, China's current production of this type of coal is relatively small, and the large-capacity steel blast furnace is increasing year by year, and the degree of foreign dependence may increase rapidly in the short term. This is most likely the international coal price. The first stop rose.
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