On August 14, the National Bureau of Statistics released the main data of industrial production above designated size in July 2018. In July 2018, the national raw coal output was 281.5 million tons, down 2% year-on-year.
Compared with last month, the national raw coal output in July decreased by 16.52 million tons, down 5.54%.
From January to July 2018, the cumulative production of raw coal in the country was 197.818 million tons, a year-on-year increase of 3.4%.
In July, the country, especially the coal producing area, was affected by environmental protection, safety inspection, and precipitation. The production of raw coal in coal mines was limited, resulting in shrinking production.
However, from the downstream point of view, due to the impact of high temperature weather, in July, the country’s strong demand for electricity, coupled with the peak energy consumption in summer also reached a peak, the demand for coal surged, resulting in a large increase in imported coal, coal imports surged in July 49%, up 14% from the previous month to 29.01 million tons, the highest level since January 2014.
However, overall, the supply and demand balance in the national coal market. The data shows that this year, the National Development and Reform Commission and the Energy Bureau have approved 12 coal mine projects involving a total capacity of 49 million tons. Most of these coal mines are located in Xinjiang, Shanxi, Inner Mongolia and other provinces with high quality coal resources. In this year’s list of safe production standardization coal mines announced by the Emergency Management Department and the State Administration of Coal Mine Safety, it can be found that the coal mines in the high-quality coal producing areas have greatly increased.
In the first half of the year, Hebei, Hunan, Fujian, Heilongjiang and other places successively organized coal capacity index replacement. Among them, Hebei completed 12.08 million tons of coal capacity index replacement, while Hunan involved 1.183 million tons of indicators. Heilongjiang Province is also organizing coal capacity replacement. Under the blessing of a series of capacity release measures, China’s coal output has increased significantly. In the first half of the year, the country’s cumulative raw coal output was about 1.7 billion tons, a year-on-year increase of 3.9%. In the first seven months, the cumulative production of raw coal in the country was 1,79,818 tons, a year-on-year increase of 3.4%.