久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Policies

NDRC to contain coal prices

By OUYANG SHIJIA | CHINA DAILY | Updated: 2021-10-30 07:07
Share
Share - WeChat
A technician checks machinery at a coal mine in the Inner Mongolia autonomous region. WANG ZHENG/FOR CHINA DAILY

Regulator aware of lower power production costs; vows fresh steps

China's top economic regulator said on Friday there is room for further adjustment of coal prices, showing the government's firm determination to regulate the runaway coal prices.

The announcement coincides with fears among some industry circles that there might be a power shortage this winter and spring seasons, although analysts are confident electricity supply will be adequate for heating during the period.

Experts said the coal prices will gradually return to a reasonable range with the help of a series of government measures, including boosting output and cracking down on price gouging and hoarding in the market.

The National Development and Reform Commission on Friday said its recent investigation into all coal-producing provinces and key enterprises showed coal production costs are significantly lower than the current spot coal prices, and there is room to further adjustment to coal prices.

The most-traded thermal coal contract on the Zhengzhou Commodity Exchange, for delivery in January, dropped more than 8 percent in Friday's daytime session, extending a continuous plunge triggered by the government's intervention in the strained energy sector last week.

The contract plunged to 973 yuan ($150) a ton, having fallen more than 50 percent from its record high of 1,982 yuan on Oct 19.

Since last week, the NDRC has announced a series of measures to ensure stable supplies and prices of coal, including boosting coal production, working on a pricing mechanism of a base price plus floating price and a crackdown on hoarding and collusion in the market.

NDRC data showed recent average daily coal production increased by over 1.2 million tons, compared with the figure in September.

On Sunday, coal stockpiles at the country's major power plants reached 95.69 million tons, up 17 million tons from the end of September, which are adequate for 17 days of consumption.

A new report released by the China National Coal Association showed the average daily coal production of key coal enterprises reached 6.93 million tons from Oct 1 to 13, up 4.5 percent month-on-month.

The report said coal companies will ramp up production and boost output, and China's coal production is set to continue to grow in the future.

Song Qinghui, an independent economist, said the rally in coal prices is a result of multiple factors, including insufficient domestic coal production and the rising commodity prices in the global market.

Song said the rising coal prices will increase the costs for manufacturing enterprises and affect the recovery of the economy, and the government's regulation of the market will help stabilize the prices in the future.

Bai Wenxi, chief economist of IPG China, said the government measures to tame rising coal prices will help cool the red-hot market.

Facing a tight coal supply situation and government intervention in the strained energy market, coal companies should strive to boost output while ramping up efforts to reduce costs and increase efficiency, in a bid to spur the sustainable development of the companies, Bai said.

As the rally in coal prices has increased costs for downstream manufacturing enterprises, such companies should take new measures like optimizing the process, innovating in technologies and adjusting product structure to ease fresh pressure on rising costs, Bai said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 日本久久不射 | 欧美多人三级级视频播放 | 曰本美女高清在线观看免费 | 日韩二区三区 | 亚洲免费视频在线观看 | 草草影院ccyycom浮力影院 | 深夜福利视频在线看免费 | 九九九免费视频 | 国产成人十八黄网片 | 成年免费在线观看 | 日本久久久久久 | 亚洲国产欧美另类 | 色综合亚洲七七久久桃花影院 | 荡女妇边被c边呻吟久久 | 欧美日韩视频一区三区二区 | 久青草免费视频手机在线观看 | 日本一区二区三区精品视频 | 亚洲精品日韩中文字幕久久久 | 完整日本特级毛片 | 视频一区在线观看 | 一区二区在线播放福利视频 | 欧美91精品久久久久网免费 | 日韩欧美国产精品第一页不卡 | 精品视频在线观看 | aaa级精品久久久国产片 | 在线观看国产精品一区 | 成人综合影院 | 久久视频在线免费观看 | 亚洲男女网站 | 在线成人播放毛片 | fulidown国产精品合集 | 手机看片国产精品 | 日本毛片在线看 | 欧美成人乱弄视频 | 亚洲欧美日韩另类精品一区二区三区 | 国产亚洲精品自在线观看 | 国产精品91在线播放 | 免费观看一级欧美大 | 一级中国乱子伦视频 | 久久成人18 | 欧美激情综合亚洲一二区 |