China's coal demand growth in 2011 will reduce the initial production of coal in Shanxi by 800 million tons

On the 17th, the reporter learned at the 2011 Shanxi Coal Production and Transportation Needs Work Arrangement Conference that China's coal demand growth will slow down in 2011, and coal production in Shanxi Province is initially set at 7.8 to 800 million tons.

Wang Shouqi, director of the Shanxi Provincial Coal Industry Department, said that 2011 was the first year of the “Twelfth Five-Year Plan”. China’s economy and society continued to maintain rapid development, and coal demand will maintain moderate growth. As the country promotes economic restructuring, energy conservation and emission reduction, elimination of backward production capacity, and suppression of high-energy-consuming industries, China's demand for coal will slow down.

Wang Shouqi said that local integrated coal mines in major coal-producing provinces such as Shanxi and Henan will usher in large-scale production in 2011. With the commissioning of several railway transportation channels, including Baoxi and Taizhongyin, the coal production capacity in the northwestern part of Shaanxi and western Inner Mongolia will be released. In 2011, China's coal supply capacity increased steadily.

It is predicted that the total supply and demand of China's coal resources in 2011 will increase by about 300 million tons compared with 2010. In the international market, Australia, Indonesia, Vietnam, Russia and other countries will continue to increase coal exports to China. It is predicted that coal imports will be slightly higher than the 2010 level.

Due to the low season of coal production during the New Year's Day and the Spring Festival, the coal consumption in winter is at its peak. At the beginning of the “Twelfth Five-Year Plan”, the demand of all parties is increasing, the hydropower output in some regions is declining, and the difficulties of coal transportation in winter are affected. The coal market may be tight in the quarter.

According to the Shanxi Provincial Coal Industry Department, in 2011, the initial coal production in Shanxi Province was 7.8 to 800 million tons, the coal sales volume was 550 million tons, and the railway transportation volume was 450 million tons.

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