State Council approves coal-fired price merger scheme

According to industry sources, the coal-electricity price merging plan has been approved by the State Council and will be issued to related units soon. The coal price coalition policy will cancel the coal key contract and change it to medium and long-term contracts. At the same time, the power companies hope that the willingness of electricity prices to be linked in real time will be frustrated. The plan only indicates that it will continue to improve the coal price linkage mechanism, and adopts temporary measures in accordance with the law when electric coal prices fluctuate violently.

It is understood that coal companies' 2013 ordering has been held one after another. According to the above-mentioned sources, the contractual approach of Shanxi's key coal enterprises was to sign 2013 contracts with coal-consuming companies based on the amount of key contracts and market transactions in 2012. The coal price was appropriately raised from the original key contract price, and the price of each coal enterprise is expected to increase by a range of up to 35 yuan per ton.

At present, the coal price after the increase of the original key coal price based on contract price is already very close to the latest market price. According to the latest data released by the China Shipping Coalnet on December 5, the comprehensive average price of thermal coal for the 5,500-kilowatt calorific value of ports in the Bohai Rim closed at RMB 640/ton, which was the same as that of the previous period. Among them, the medium level of thermal coal transaction prices for the 5500 calorie market of Qinhuangdao Port remained at 635 yuan/ton.

According to the current supply and demand situation in the coal market, according to Li Xuegang, general manager of the Qinhuangdao Coal Market, the number of ships waiting to be loaded onto the main anchorages in the Bohai Rim area in Qinhuangdao has been on the low side recently, indicating that the supply and demand of thermal coal in coastal areas is not active enough. Thermal coal prices still have downward pressure. However, at the same time, as the domestic economic situation is improving further, the increase in energy consumption such as electricity and coal has increased.

According to the dispatching data issued by the State Electricity Regulatory Commission, the number of days available for coal inventory by major power producers in the country at the end of November was also reduced by 5 days from the end of October. The pressure on inventories of thermal coal prices on the market has been reduced, and cumulative electricity generated in the country in November However, the volume has increased by 7.41% year-on-year, setting the highest growth rate this year. It will help improve the coal procurement enthusiasm of power companies.