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China's coal supply sufficient for winter heating: economic planner

2020-12-17 14:49

 

BEIJING, Dec. 16 (Xinhua) -- The supply of coal will be sufficient to meet a spike in demand during the winter heating season, China's top economic planner said on Wednesday.

The supply-and-demand in the coal market is generally balanced with sufficient supply for this winter and spring next year, said Meng Wei, a spokesperson with the National Development and Reform Commission, at a press conference.

The demand for coal rose remarkably this winter due to lower temperatures and robust demand in the electricity, steel and construction materials sectors.

Coal prices went up in the spot market, while power plants mainly use coal purchased under medium and long-term contracts, so the pricing of coal they are using is stable, she said.

More than 80 percent of the coal supply is under medium and long-term contracts with prices between 540 yuan (82.57 U.S. dollars) and 550 yuan per tonne. She added that the rising pricing of the remaining small amount of coal in the market would not affect people's livelihood.

She also pledged more efforts to increase supply and adjust demand to lower coal prices.

 

北京,12月16日(新华社)——中国最高经济规划部门周三表示,煤炭供应将足以满足冬季取暖季节激增的需求。


国家发展和改革委员会发言人魏斌斌在新闻发布会上说,煤炭市场的供需总体上是平衡的,今年冬季和明年春季的供应是充足的。


由于气温较低以及电力、钢铁和建筑材料行业的强劲需求,今年冬季煤炭需求显著上升。


她说,煤炭在现货市场价格上涨,而发电厂主要使用中长期合同采购的煤炭,因此它们使用的煤炭价格是稳定的。


超过80%的煤炭供应是中长期合同,价格在540元(82.57美元)至550元/吨之间。她补充说,市场上剩余的少量煤炭价格不断上涨,不会影响到民生。


她还承诺将采取更多措施增加供应,调整需求,以降低煤炭价格。

 

来自: xinhua