Shandong Coal economic recovery in the late downward pressure is still big

According to Shandong Province Coal Industry Bureau, the April Shandong Coal main economic indicators fell year-on-year, a slight increase in the chain.　　However, considering the recent low season and related factors, coal market is still facing downward pressure. The month, the province's coal enterprise product sales revenue, tax, profit year-on-year growth of 10 respectively. 65%, 11. 4% and 35. 64%, there are signs of a clear recovery in the coal economy. From the production and marketing links, April, the province's coal production chain increased by 34. 410,000 tonnes, an increase of 2. 97%. Sales of commodity coal increased by 85 in the whole province. 620,000 tonnes, an increase of 7. 8%. Accordingly, the price of the chain of coal, the unit cost of raw coal fell year-on-year. In the first 4 months of this year, Shandong Provincial Coal enterprise commodity coal ton coal average price of 510. 97 Yuan, 4 less than the first 3 months of tons of coal.　　89 Yuan. Shandong Province Coal Industry bureau that April coal demand into the off-season, but due to the main coal production area small coal recovery process slow, downstream users replenishment inventory, intermediary low season positions and other multiple reasons, coal supply and demand still maintain the overall basic balance. Power coal market overall downward, power plant coal consumption decline, inventory rise.　　It is understood that as of April 30, the National Direct power Plant coal inventory available days of about 16 days, 1 days more than last month. At present, Shandong province's coal market supply and demand is basically stable, production and marketing balance, high-quality power coal prices remain stable, tons of coal calorific value of 5000 kcal mixed coal actual settlement price stable at about 530 yuan per ton.　　In addition to individual enterprises, the current provincial coal mining enterprises inventory in the normal level. The industry expects that for some time to come, residents ' electricity consumption is in the trough with the warm weather, the hydroelectric power will increase with the increase of rainwater, thus reduce the demand of electricity coal. A series of policy measures to expand domestic demand and guarantee growth in the country need a gradual process, short-term industrial electricity is difficult to rebound significantly, the demand for coal will enter the off-season The steel coke industry will continue to restrain coking coal demand; with users and middlemen to replenish inventories, coastal areas to buy more coal overseas, some small coal production, coal market is still facing downward pressure. Xinhua）