New pattern of China's coal market: from North Coal South to North and South
In the first half of this year, China's coal export volume decreased by 13.1% compared with the same period of last year, but the monthly export trend showed a trend of recovery. At the same time, China's coal imports have been stable at more than 10 million tons per month this year. The strong coal demand has led the surrounding coal-producing countries to expand their efforts in the Chinese market. Even some coal-producing countries in South Africa have begun to smash our country. market.
The reporter learned from a coal company in Colombia that its traditional export target market in Europe is still affected by the sovereign debt crisis. The economic recovery is far less strong than the Asian market, and China's demand recovery is particularly obvious. Therefore, although the transportation distance is remote, The company is still actively trying to reach out to Chinese coal traders and hopes to expand market opportunities.
China's coal imports began to increase in 2009 and began to become a net importer. More than 100 million tons of net coal imports are a considerable amount for the international coal shipping volume of around 900 million tons. China's coal market has become an important part of the international coal market, both in terms of quantity and price. It even affects related markets such as steel and shipping.
Compared with the domestic demand of more than 3 billion tons, 100 million tons of net imports can not play a substantial role in the huge market, but it can also play a certain regulatory role, mainly in two aspects, one is the pressure on transportation. The second is to help balance the structure of coal.
Imported coal from the south can be directly transported to the southern ports such as Guangzhou Port, saving the southwest's railway capacity and some of the capacity to transit ports such as Qinhuangdao. By importing a large amount of main coking coal, it also fills the gap of China's main coking coal resources. Judging from the data released by the customs, China's cumulative imports of coking coal in the first four months of this year was 14.84 million tons, a year-on-year increase of 1.4 times.
Although the recent changes in coal prices in the international market have slowed the pace of Chinese imports, there is no doubt that the net import situation is maintained. There are two reasons: First, the necessity of import; second, under the constraints of various factors, the scale of China's export of coal will continue to be suppressed. The domestic market price is higher than the international market is the main reason for the sharp decline in coal exports in recent years, and the Chinese government's 10% export tariff on export coal has also objectively increased export costs. In addition, although China is the world's largest coal producer, the per capita resource holdings are limited, and the overall size of coal exports will continue to be suppressed.
As Gao Chengchun, director of the Shanxi Coal Import and Export Group, said, for users in the southern coastal areas and users of scarce coal, imports are a good economic option for a long period of foreseeable future, and to alleviate the transportation of the North Coal South. The bottleneck is also very beneficial. Maintaining a certain number of reasonable coal exports in the ports of northern China, and carrying out stable imports at the southern coastal coal consumption concentration areas, will gradually form a pattern of “north and southwardâ€.
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