国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

Restructuring fuels rise in coal stockpiles, cuts prices

By Du Juan (China Daily) Updated: 2014-02-11 07:17
Restructuring fuels rise in coal stockpiles, cuts prices

Coal producers have cut prices in an attempt to attract buyers.

Shenhua Group Corp Ltd, the nation's largest producer of the fuel, cut standard thermal coal prices by 12 yuan ($1.98) a ton to 602 yuan a ton in late January, its second price cut this year.

According to the China National Coal Association, the industry had a total loss of 40.55 billion yuan for the first 11 months of 2013.

"Coal producers are facing a situation even worse than last year," said Liu.

She said environmental issues have been a longstanding problem for the coal industry.

The government continues to pursue policies to rein in energy-intensive industries, which are all big coal buyers, to cut emissions and save energy.

To reduce air pollution, the central government has set a target of eliminating 80 million tons of steel capacity within five years, which will lead to a reduction of coal consumption, said Xing.

Given that coal fuels so many industries, weak demand for the fuel also portends a slowing economy.

"The overall demand will stay huge, but the high growth rates for coal consumption are over," he said.

"The only exception may be if the weather turns extremely cold this year. It might be a driver for coal use. Otherwise, the coal market will continue to experience excessive supply this year with low prices."

He forecast that domestic coal consumption this year will be flat with 2013, staying at 3.6 billion tons to 3.7 billion tons.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
商城县| 威信县| 鲁山县| 沛县| 花莲县| 九龙县| 浙江省| 乐东| 佛山市| 二连浩特市| 辽阳市| 冕宁县| 多伦县| 麻城市| 库尔勒市| 商丘市| 绥江县| 任丘市| 湖南省| 门头沟区| 夏津县| 龙里县| 阿克| 乌拉特后旗| 濮阳县| 渝中区| 湟源县| 文安县| 四子王旗| 新蔡县| 英山县| 来宾市| 昭平县| 壤塘县| 古蔺县| 神木县| 开远市| 毕节市| 澄迈县| 松滋市| 随州市|