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Stored coal power plants hundred million tons of coal enterprises called on the end price of two-track system

2012-11-16
Wu Yin, Deputy Secretary of the National Energy Board, held on the 11th China International Coal Development Forum 2012 speech that, as of the end of September this year, the large and medium-sized power plant coal storage of 90.32 million tons, available 29 days, a year-on-year increase of 12 days.
Wu Yin also said that the overall domestic market oversupply, coupled with the international economic downturn, the short-term will continue to be the impact of the price of imported coal. His speech did not disclose information outside hot coal price the merger reform.
Market downturn, people naturally think of change. After coal prices merged program has been coal enterprises concern at the meeting site, the reporter asked the participants of the coal business leaders, government officials and academics for the market-oriented reforms in coal prices, most think it is the end price of coal-track system to move toward full market-oriented time.
Reporter confirmation to the departments concerned officials the coal prices merger of the progress of the program, has been responded that related programs being studied, the specific purposes of the time is not yet clear. According to the reporter, the price of coal merged program designed by the National Development and Reform Commission, involving prices Division, Restructuring the Economy Division, Economic Operations Bureau and other departments.
Wang Lijie, director of the Institute of Energy Economics of China University of Mining and Technology, told reporters said the imbalance between supply and demand are not necessarily harm, currently an adequate supply of the coal market, promote coal price market opportunities. He also said that the two-track system price can not last long, and runs counter to the direction of the market.
Yanzhou Mining Group Chairman Wang Xin high expectations on the ongoing coal prices merger of reform. Wang Xin told reporters that the coal price market is the trend, to his knowledge, relevant departments have been programming on coal price reform, once introduced, will affect the coal industrys big event.
Zhai De-yuan, deputy general manager of the Inner Mongolia Yitai Group called for the canceled coal dual pricing system as soon as possible, while cleaning up the tax burden for coal enterprises.
This reporter has previously reported the initial programs of integration is the price of coal. China Energy Report, "published this week," said the coal price of the merger program was adjusted in accordance with the new program, the National Development and Reform Commission will introduce a "the coal medium-and long-term contract management approach" to management of coal and long-term contract.
Medium-and long-term coal contract prices negotiated by the coal and electricity supply and demand determine the state does not set the base price, previously program proposed national set the base price, the base price to float freely.
A coal enterprises in Shanxi sources said on condition of anonymity, the tariff mechanism is not straightened out, the price of coal market-oriented will be discounted. Jie Wang also said that the current tariff reform did not advance the unification of the coal price by resistance from power enterprises considerable.

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