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Home > News > Market Flash > 11 Power Coal Enterprises issued proposals to ensure sufficient coal for heating

11 Power Coal Enterprises issued proposals to ensure sufficient coal for heating

ECHEMI 2019-11-29

coal-mining

On November 25, the State Energy Investment Group Co., Ltd., China Coal Energy Group Co., Ltd., Datong Coal Mine Group Co., Ltd., Yankuang Group Co., Ltd., Inner Mongolia Yitai Group Co., Ltd., Shaanxi coal chemical industry group Co., Ltd., Huaihe Energy Group Co., Ltd., Jinneng Group Co., Ltd. and Yangquan Coal Industry Group Co., Ltd Division, Lu'an Mining Group Co., Ltd., Jincheng Anthracite Mining Group Co., Ltd. and other 11 power coal enterprises today issued proposals. According to the proposal, priority should be given to the allocation of resources to ensure sufficient coal for heating in winter. Adhere to the pricing mechanism of "base price + floating price" for medium and long-term contracts, strictly perform the three-year medium and long-term contracts that have been signed, and further improve the fulfillment rate. The full text is as follows: proposal coal is the main energy and important industrial raw materials in China.

The safe and stable supply of coal and the stable trend of coal price are related to the overall development of national economy. At the peak of winter coal consumption, in order to consolidate the structural reform achievements of coal supply side, ensure the stable supply of coal throughout the country, and do a good job in emergency support. Here, we have launched the following initiatives: first, to ensure supply, security and people's livelihood. Under the premise of ensuring safe production, further consolidate the resource support capacity, and make emergency preparations in advance to cope with the possible extreme weather during the peak winter. In areas where the traditional supply is tight, priority should be given to the allocation of resources to ensure the stable and orderly supply of coal for central heating and to ensure that the masses have sufficient coal for heating in winter. We will continue to organize production in accordance with laws and regulations, and we will ensure that we do not violate laws and regulations, exceed capacity, or operate in an unsafe manner. Ensure the input of coal mine safety, strengthen the safety management of coal mine site, strengthen the investigation and treatment of hidden dangers, and resolutely prevent and control the occurrence of major accidents.

Stable operation, market and price. Pay close attention to the influence of the development and change of macro-economy at home and abroad on the supply and demand of coal market, organize production according to the market change, guarantee supply, timely adjust the flow of resources and stabilize the market. We will comprehensively implement the national policies and measures to stabilize the market, continue to adhere to and continuously improve the systems of capacity reduction and replacement, peak shaving and emergency capacity reserve, medium and long-term contracts and pricing mechanism of "base price + floating price", minimum and maximum inventory, stabilizing abnormal price fluctuations and enterprise credit evaluation, etc., so as to ensure that coal prices remain in the green range. Third, we should be honest, abide by the contract and develop together. We should establish the concept of long-term development and coordinated development, take signing medium and long-term contracts as the top priority of marketing work, and stick to the medium and long-term contract pricing mechanism of "basic price + floating price". The signed three-year medium and long-term contracts should adhere to the principle of good faith operation, fulfill social responsibilities, strictly perform coal sales contracts, and further improve the fulfillment rate of medium and long-term contracts.

Carry out the coal production and transportation in 2020 as soon as possible, sign more and more medium-term and long-term contracts, strive to create a good social atmosphere of honesty and trustworthiness, and lay a solid foundation for building a harmonious and win-win community of common destiny for upstream and downstream coal enterprises. This year is approaching the peak of electricity and coal consumption in winter. We should start from the overall situation of the sustainable and healthy development of the national economy, ensure the stable supply of electricity and coal, maintain the stable operation of the coal market, take into account the overall situation, understand the general situation, dare to take responsibility, ensure safety, stick to integrity and stable prices, and make new and greater contributions to the steady and rapid development of the national economy!

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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