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| Author: | Zhang, Shaoping |
| Title: | In the coal market, supply exceeds demand and the price goes down (original in Chinese) |
| Journal: | China Market (c)
1998 : 8, p.23 |
| Index terms: | COAL MINING INDUSTRY MARKETS PRICES CHINA |
| Language: | chn |
| Abstract: | In this year, our coal market continuously appears a tendency of supply exceeding demand with a slack market, a hard sales and a down price. In the next half year, the coal market is forecasted to stay in a supply-exceeding-demand situation because currently there is a plenty of coal resources and a suplus of productivity. The coal quality is promoted with a slow motion. In addition, at the end of March, the social coal stock reaches 1.5 hundred million tons while all over the country in this year. There will not be a big change in the growth scope of coal consumption. Especially when it comes to the second and third quarter, as a result of increasing hydropower and decreasing firepower, the coal market's competition will be more severe, the price will fall again and the supply-exceeding- demand contradiction will be intensified. |
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