Shandong's first coal-electricity contract to sign coal electricity deadlock still needs Shanxi coal province to decide

June 8, Yanzhou Coal Industry 2009 Coal Power contract signed announced the continuation of nearly half a year of coal electricity contract negotiations deadlock tore a small mouth. It is said that the coal power enterprises in Guizhou Province also signed a 2009-year coal-electricity contract in accordance with the 4% per cent increase.　　However, according to reporters to understand that Shanxi, Inner Mongolia and other coal-producing provinces are still unwilling to accept too low coal contract increases. A staff member of the country's Yangxin yesterday (600348) said there was no news that the company had signed a coal-electricity contract with the power companies.　　The Shanxi provincial government has not issued a document to co-ordinate coal and electricity companies to sign coal-electricity contracts. "Coal electricity contract has been deadlocked until now, the crux of the problem is the price." The worker said. The argument that large coal companies want to use power companies to "meet the peak of the summer" pressure to the power companies to accept high-priced contracts, the person is not recognized. She says the annual spring Festival is also the peak of electricity consumption, but the coal-electricity contract was not signed at the beginning.　　She says the signing of coal-electric contracts may eventually still require government intervention.　　Analysis of the industry, coal power contract deadlock for nearly six months has still not signed, in fact, the most fundamental or both sides have been playing a game of electricity supply and demand situation results. From the electric power enterprises, power generation enterprises have been importing electricity from the international market this year has become an effective means of restricting domestic coal enterprises, the recent coal inventory in Qinhuangdao has been continuously climbing. June 4, Qinhuangdao port inventory has risen to 5.2 million tons, compared to the middle of April 3.43 million tons, 50 days of inventory rose by nearly 50%. Sources said that in late May, the five major electric power companies have begun to negotiate with overseas coal producers and traders to increase imports of coal plans.　　These factors will undoubtedly cause pressure on the coal enterprises to increase the price requirements. However, in the view of coal companies, power companies are also facing the plight of demand. On the one hand, the power enterprises will face the high demand for the summer peak coal pressure, on the other hand, due to inflationary expectations, the international including crude oil, coal and other resources prices have begun to rise, the international coal price and domestic coal price spreads have narrowed, the import of electric coal has no advantage. According to the global coal electronic trading platform showed weekly, as of June 5, the international coal price per ton has exceeded the 70 U.S. dollar pass, to 74.31 U.S. dollars/ton. After the conversion of its price of 505 yuan/ton, plus freight and value-added tax per ton has reached about 640 yuan, and Qinhuangdao port coal prices, and Guangzhou coal price gap is only dozens of yuan.　　This has formed a new support for domestic coal prices. In addition, Shandong and Guizhou provinces are not the main coal-producing areas, the impact on the coal market is small. According to a large investment company in Shenzhen, which has a large number of small coal mines in Guizhou province, a middle-level manager told the reporter that the coal in Guizhou is a small coal mine, which cannot compete with the coal-producing provinces of Shanxi and other northern China.　　Market influence is also much weaker. Therefore, it is not the coal-producing provinces of Shandong province, Guizhou Province, the signing of the contract will be to other coal enterprises, especially the central enterprise, coal-producing province of Shanxi and Inner MongoliaCoal enterprises to bring the linkage effect, still is an unknown.