Coal Imports In July Last Year, Nearly 3 Times
Domestic coal and imported coal in between, Shandong enterprises gradually began to tend to the latter. Shandong Provincial Department of Commerce data show the latest 1-July, the province imported 5.8 million tons of coal, up 7.4 times, only month in July as high as 1.67 million tons of imports, imports nearly 570,000 tons last year to 3 times, an increase of rare. Why buy coal enterprises Lu sights on overseas "detour" mean?
Cheap imports of coal into the meat and potatoes
Coking coal business is big. Shandong Provincial Department of Commerce according to the data, the surge of imported coal, coking coal has dominated the previous 7 months, coking coal imports increased 25.1-fold over last year and imported coking coal, coking enterprises in Shandong to become the first choice.
20 days, Shandong Longkou Mining Group Managing Jiangwu Xiang said the coal reserve base, due to the impact of national economic stimulus plan, the steel industry is getting warmer, and coking coal demand has increased dramatically, therefore, domestic demand started trying to buy imported coal enterprises.
Course, the more important factor is price. He said that domestic and international coal prices inverted in the beginning of this year, imports of coal into the domestic enterprises, "meat and potatoes."
Indeed, the foreign coal power also "coveted" big coal market "cake." It is understood that the first 7 months of imports coal mainly from Australia, Shandong Province, North Korea and Russia, respectively, 333 million, 1.15 million and 1.03 million tons, Australia and North Korean imports rose 46-fold, respectively, and 1 times, while Russia number at least, but last year's "zero imports" compared to the Russian claim to be a dark horse.
Jiangwu Xiang said that with the shrinking European market, even higher transportation costs, Russia has begun to vigorously explore the market in China and Shandong, and the best strategy is to open up the market cheap.
Coke Group Co., Ltd. Shandong Weifang, surnamed Li, head of the coal office, said the price advantage of coal imports from the second quarter highlights. "Four or five months, the import of coking coal per ton CIF lower than the nearly 160 domestic coal, which the hundreds on hundreds of thousands or even hundreds of tons of procurement of raw materials for enterprises, level of obvious benefits, we therefore began to increase the proportion of imported coal. "
Wei is not only coke, Coking Industry Association, Shandong Province (Coking Group Co., Ltd. affiliated to Shandong) also joined the ranks of imported coal procurement. July 20, Coking Industry Association, Shandong Province reached an agreement with overseas companies, in August this year to next February, in batches from cheap foreign imports four million tons of coking coal, in the next 20% of overseas purchases like this in the announcement procurement of high-end domestic coal prices in history.
Overseas supply surge deposit worries But did not last long. As China's demand for imported coal alive, import prices began to rise. The head, surnamed Li, said that the current import price of coal in Australia and domestic coal prices have been flat, the price advantage began to weaken.
Jiangwu Xiang said, "Once and abroad to establish business relations between purchase and sale, supply price and quality will be more stable, which resulted Although imports of coal prices, coking enterprises are still a lot of 'detour' phenomenon."
In Taiwan, under the impact of imported coal, the domestic coal price rise, not fall. Inner Mongolia on July 1 announced the levy, "the coal price adjustment fund", the mining company's mining costs increase, the price of coal also will "gone up"; in July since the general rise in prices of coking coal in Shanxi Province 100 yuan / ton -200 yuan / tonne.
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