The National Development and Reform Commission announced today the operation of the coal economy in April. The data shows that since April, the growth rate of coal demand has continued to drop, the production and sales have grown steadily, imports have increased substantially, the nation's major ports and key power plants have sufficient deposits, the market coal price has been on a downward trend, and the overall supply and demand are loose, and the economy has generally remained stable.
According to relevant department express data, in April, the national coal production and sales volume increased steadily, and the growth rate decreased year-on-year. Railway coal traffic volume was 187 million tons, an increase of 6.1%; the growth rate was down 4.3% year-on-year. The main port coal shipped 54.13 million tons, down 1.1%, an increase of 17.2%. Coal imports 25.05 million tons, an increase of 90.1%; exports 830,000 tons, a decrease of 39.9%.
The growth rate of coal consumption fell, among which coal consumption in the power industry increased by 0.5% year-on-year. At present, national key power plants have stored more than 88 million tons of coal, a record high. The thermal coal price of Qinhuangdao Port's 5500 kcal market was 775-785 yuan per ton, which was a decrease of approximately 40 yuan from the same period of the previous year and a decrease of 10 yuan per ton from the beginning of the year. The coal prices in the main coal producing areas and consumption areas have also declined in different degrees. The main business income and profit growth of the coal industry declined, and accounts receivable and costs rose.
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