The increasing coal restrictions in the kyinzu region are beginning to be reflected in the financial statements of listed companies. The semi-annual report of china coal energy (601898, sh) shows a significant decrease of 1,813,000 tons, or 61 per cent, over the same period last year in the northern part of china. The ministry of relations with investors of china coal energy replied to the daily economic news reporter that it was linked to two factors, namely, the conservation of coal and the adjustment of marketing strategies。
According to shang ho, an analyst in the coal industry, china’s northern region experienced a significant decline in sales as a result of the restrictions on coal in the region。
It is worth noting that last year's “ten atmospheric nations” and a series of coal-limitation measures were introduced in kyoto, with coal standards rising significantly and coal companies, such as high-sulphate coal, which is a major source of energy for china. It has also been revealed by the department of environmental protection that there is a trend towards more stringent coal-limiting standards based on environmental protection in the recent past。
18 million tons of coal in north china
China's low-rate report card for coal energy is not good. Business income from january to june 2014 was $35,435 million, a decline of 12. 3 per cent over the same period, and net profits attributable to shareholders in the parent company were only $686 million, a decline of 75 per cent over the same period. Of these, sales in the northern part of china declined by 61 per cent compared to the same period last year, and coal sales fell by about 18 million tons, while sales in the eastern and southern parts of china registered a similar increase。
It is known that 18 million tons of coal are sold in small quantities, and that only 13 million tons of medium-sized coal, such as in the yangquan industry, is produced for half a year. Shun ho told journalists that the sharp decline in the sale of chinese coal in the northern part of china was due to environmental factors, since most of the sulphur content of coal used in hebei and beijing has been limited to less than 0. 6 per cent since last year, while a more relaxed requirement is less than 0. 8 per cent, while the coal sulphur content of coal energy in china is almost non-existent。
Seng ho revealed that the coal-owned amount of coal sulphur was also low between 0. 8 and 1 per cent, while the large head of sulphur contained between 1. 3 and 1. 8 per cent. “the coal market now belongs to the buyer's market, and the power company has greater choice in unilaterally demanding the content of the coal sulphur.”
Gold and silver island coal analysts, private, also told the daily economic news reporter that, in addition to environmental factors, the competitiveness of china's coal in the north china market is being further eroded, as the north china is the dominant market market for coal, while the south china and east china are still the main market for coal sales and “north china is the most competitive market”
Coal restriction or more stringent
In fact, it is not only the coal energy community that is subject to the coal standards of the kyinzu region. Earlier, when journalists from daily economic news visited shanxi yangquan, inside the yangquan industry told journalists that a considerable amount of coal was sold to hebei, but the company had been affected by the significant increase in environmental standards in the hebei region since the previous year。
Policies such as the atmospheric pollution prevention and control action plan were introduced on the eve of the national day last year, followed by refinements in hebei province and tangshan municipality, which began to limit high sulphur coke and coal。
On the other hand, a number of coal industry analysts indicated that the vast majority of enterprises could not meet the standard. Among them, the stone-farming area requires that the storage, sale and use of coal above 0. 8 per cent of sulphur be prohibited in urban areas and surrounding areas, and that the city of tangshan prohibit the use of coal combustion and products and coke with more than 0. 6 per cent of sulphur and 15 per cent of ash。
At the beginning of june this year, the national energy agency signed an agreement with beijing, tianjin, hebei and shinhua group for the clean-up of dispersed coal, which mentions that, by the end of 2017, kyoto hoped for the basic establishment of a fully closed coal-sharing centre with district (district) units, a clean coal supply network covering all townships, and a high-quality low-sulfur-dispersed, clean coal use rate of over 90 per cent in civil coal combustion。
At the recent forum on clean development and clean coal technology development organized by the ministry of the environment, it was mentioned that coal companies asked why the national sulphur emission standards were so demanding, “i can state clearly that they are very strict and will be increasingly stringent”. He also revealed that a series of policies on coal emissions and environmental protection would soon be in place。
Responsible editor: zhang dei
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