internal and external coal price upside down Guangzhou Port coal inventory 2.5 million tons

Every reporter Fantiefa from guangzhou piles of coal like a rolling hills, covering the Guangzhou port Group West Base Port branch of the island, a train is docked on the huge automated loading platform. Since this year, the Guangzhou Port coal stock is high. In particular, 4 ~ June, the more concentrated vessels to Hong Kong, Guangzhou, Hong Kong's total coal inventory of about 2.5 million tons, reached a high level of history, some vessels appeared ports situation, but the situation has improved at the end of this month.　　"Guangzhou Port Group production Business Department Chenghua yesterday to the daily economic news," said reporters. China's coal production accounted for two-thirds according to Chenghua, the current backlog of coal in Guangzhou, 1/3 is foreign trade coal (that is, imported coal), 2/3 of domestic coal (that is, domestic coal). The present coal backlog factor mainly has three aspects: first, the coal price hangs upside down seriously, the domestic coal price lacks the competitive advantage, the sale is ineffective.　　Customs analysts said that because of China's domestic production of large coal provinces, electricity and coal contracts outstanding factors, leading to domestic coal prices are strong, and overseas coal prices upside down, coupled with the 2009 international shipping prices continued to decline, but also promote the rapid growth of coal imports. Shuai, chief analyst with the coal industry at the Oriental Securities Institute, said in an interview with the Daily Economic news reporter April North coal to Qinhuangdao port coal price of about 640 yuan/ton, to Guangzhou port freight is about 40 yuan/ton, compared with imported coal obviously there is a large price difference. CITIC Securities coal researcher Iono said that the international coal price in 63~65 U.S. dollars/ton, Guangdong imported coal price is more than 50 U.S. dollars/ton, is indeed low.　　Compared with the imported coal, the price is lower, making the domestic coal become the big head of the harbor backlog. The second reason is that the higher proportion of coal imports of Vietnam coal will be raised on July 1, leading to the recent emergence of traders hoarding goods backlog.　　According to Chenghua, in the backlog of foreign trade coal is half of the coal in Vietnam, as the government-backed monopoly coal exporter will raise $9 a tonne on July 1, the country's import traders are not in a hurry to sell the Vietnamese coal, and wait for the price to profit, which also makes the very good sales of Vietnamese coal backlog. Another reason is that the economic environment has not yet fully recovered, resulting in the market demand has not been effectively activated, so that the production of coal and other energy-type goods sales are not flourishing.