China Manufacturing N Quality Control Blog

Shanxi gives full play to its resource endowment and energy advantage, and promotes the scale effect of carbon-based new materials industry through the joint efforts of government, industry, learning, research and application.

“Shanxi has the cost and cluster advantages of coal resources, and promoting the transformation of coal from ‘energy’ to ‘material’ is an inevitable foothold and important support for the development of Shanxi’s new material industry.” Chen Chengmeng, a researcher at shanxi Institute of Coal Chemistry and deputy director of the Key Laboratory of carbon materials at the Chinese Academy of Sciences, said.

Shanxi is rich in coal, how to play the advantage of resource endowment, Shanxi has been exploring breakthroughs.

It is clear in the plan of 14 Strategic Emerging Industries in the 14th Five-year Plan of Shanxi Province that in the aspect of carbon-based new materials industry, key technologies such as graphene, supercapacitor carbon and third-generation carbon fiber will be made breakthroughs, leading domestic research and development base of carbon-based new materials industry will be built, and the coal industry will be promoted to high-tech and high value-added transformation and development.

From raw materials to new materials, Shanxi coal industry transformation jumps out of its “energy” value, aiming at the goal of “by 2025, the revenue of carbon based new materials industry will reach 50 billion yuan”.

Graphene, the king of new materials, can be made from coal, capacitor carbon, lithium anode, and carbon fiber. In 2012, the Shanxi Institute of Coal Chemistry, Chinese Academy of Sciences set up a research group to carry out research and development of advanced carbon materials, making breakthroughs in graphene, capacitor carbon and other fields.

“In the process of developing activated carbon for supercapacitors, hundreds of tons of raw materials such as precursors and activators were used.” Chen Chengmeng introduced that the research group started from the basic process experiment to master the core technology. At present, the first phase of capacitor carbon industrialization project has been officially launched in Qingxu, and a ton of graphene production line has been running steadily for more than seven years.

The world is facing a new round of scientific and technological revolution and industrial transformation, and mastering the discourse power of the new material industry has become the focus of contention. At present, Shanxi is frequently deployed in the field of carbon-based new materials. While accelerating the technological maturity of carbon fiber, graphene, and supercapacitor carbon, it simultaneously promotes the industrial application of carbon-based synthetic new materials, seeking to occupy a higher position in the national industrial chain.

After shanxi Yangmei Group changed its name to Huayang Group as a whole, this provincial key state-owned enterprise transformed from coal to new material industry. A batch of new projects, such as carbon-based aerogel, anthracite sodium ion battery and monolayer graphene oxide, have pressed the “fast forward button”.

“Carbon-based new material industry is still in the incubation period, there are few products on the market at present, key technologies in some fields are still restricted by developed countries, and high-end products are still dependent on imports.” Chen chengmeng said that shanxi should make full use of its resource endowment and energy advantages, and promote the scale effect of carbon-based new materials industry through joint efforts of government, industry, learning, research and development.

“Facing the demand of new materials and energy revolution, it is the mission of researchers to conquer key technologies and help the low-carbon transformation of the coal industry.” He said.

The number of industrial parks and economic and trade cooperation zones built by Chinese enterprises in Africa is increasing and their business scope is increasingly diversified, qian Keming, vice Minister of Commerce, said at the press conference of the 8th Ministerial Conference of the Forum on China-Africa Cooperation held by the State Information Office on November 17. Covering resource utilization, trade and logistics, light industry building materials, textile and clothing, machinery manufacturing, household appliances, agricultural production and other fields.

Qian said various development zones in China play a very important role in reform and opening up, attracting foreign investment and developing industries. On the other hand, in terms of African development, the infrastructure development level is relatively backward, and it is relatively concentrated in one place to carry out “several access and several leveling”. In terms of preferential policies, some preferential policies are also given to the park, which is conducive to attracting investment. In terms of “going global”, 70% of Chinese enterprises are small and medium-sized enterprises, which are relatively weak in terms of investment ability, negotiation ability and international operation ability. Concentrate in one park and create a better environment for the park through the government. Therefore, The development of Chinese industrial parks in Africa has been relatively fast in recent years.

Ke-ming qian is introduced, some African countries are developed industrial park development planning, and introduced the corresponding regulations and policies, China’s enterprises in the construction of industrial parks and economic and trade cooperation zone number are also growing, and the business scope has become increasingly diverse, covering the resource utilization, trade logistics, light industry, building materials, textile and garment, machinery manufacturing, household appliances, agricultural production and other fields. For example, The Suez Economic and Trade Cooperation Zone in Egypt has formed a layout of five industries: petroleum equipment, high and low voltage electrical appliances, textile and clothing, new building materials, and machinery manufacturing. Meanwhile, it also drives the settlement of upstream and downstream industries, forming an industrial agglomeration effect. For example, The Eastern Industrial Park in Ethiopia introduced the concept of Chinese industrial park development and operation, providing customs clearance logistics and “one-stop” services, and the enterprises involved in textiles, building materials, automobiles, food processing, medical treatment and so on.

Ke-ming qian said that the next step, with African countries, China will continue to experience sharing, policy coordination and supporting infrastructure, investment management, etc., to support in the business cooperation zone construction, to further strengthen cooperation zone “magnet effect”, as Africa’s “nesting ultra-competitive of industrialization, a new highland china-africa industrial production cooperation.

Qian Keming, Vice Minister of Commerce, introduces the economic and trade work of the 8th Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) at a press conference held by the State Information Office at 10:00 today (November 17).

Qian Keming said that the new measures of this session are mainly based on the following considerations:

First, we need to align our development strategies. The new measures will combine China’s long-term goal of 2035 with a new development pattern featuring “dual circulation”. The purpose of our cooperation with Africa is to align our plans with the AGENDA 2063 of the African Union. The African Union has formulated an Agenda 2063, and there are many specific plans within this framework. We will enhance the synergy of our strategies in this regard and define the development path and specific measures for China-Africa cooperation.

Second, focus on cooperation opportunities. New measures will focus on the epidemic situation in Africa and china-africa cooperation in economic and social development of new opportunities, covering both traditional china-africa cooperation areas, and to support the development of Africa as the main line, focusing on health disease resistance, poverty reduction and trade and investment in areas such as people’s livelihood, expanding African in the digital economy and green low carbon, vocational education and other emerging areas of cooperation. The synergy strategy I just mentioned is a long-term plan. Actually, we have a three-year cooperation plan, which focuses on specific areas of cooperation.

Third, pool strength for cooperation. The new measures will encourage and support more departments, local governments, enterprises and financial institutions, as well as market-based funds such as commercial credit and enterprise investment, to participate in China-Africa cooperation, thus increasing the effective force of China’s cooperation with Africa. In the past, we mainly provided assistance at the central level, including sovereign loans, but now we need to expand to local governments and enterprises, especially private enterprises. In addition, it has expanded from some traditional areas to emerging areas, including low carbon and digital economy, with diversified participation and expansion to emerging areas.

Qian said that during the meeting, China and Africa will jointly release the China-Africa Cooperation Vision 2035, make a medium – and long-term plan for China-Africa cooperation, lay down the main framework for bilateral cooperation in the next 15 years, and further enhance the forward-looking, systematic and continuity of the new measures of the Forum. We believe that with the joint efforts of China and Africa, the new FOCAC meeting will be a grand gathering for China and Africa to achieve win-win cooperation and common development at a higher level.

There are several aspects of FBA fees

Storage fees, order handling fees, sorting and packaging fees, weighing and handling fees and other fees that are not commonly used.

FBA fees =FulfillmentFees(implementation fees)+MonthlyStorageFees +InventoryPlacement Service

FulfillmentFees =OrderHandling +Pick&Pack +Weight Handling

Order handling is charged per piece. Order handling fee (standard items) : $1.00/ PCS in the US station, 0.82 pounds/PCS in the UK station, 1.38 euros in Germany, France, Italy and Spain.

The sorting, packing and weighing charges are charged according to the size and weight of the goods.

Other charges are for personalized services such as labeling, shipping, destruction, special packaging, etc.

If you want to open a shop in Amazon Germany, you need to understand the rules of Amazon and the laws and regulations of Germany, otherwise you can’t operate smoothly. German packaging law is a law to reduce the use of packaging and the impact of packaging on the environment. Although it has been nearly two years, there are still many sellers who do not know the rules, or even how to register. It doesn’t matter, today this article will take you in-depth understanding and study the German packaging law.

First of all, let’s understand what is the German packaging law?

German packaging method -Verpackungsgesetz, referred to as VerpackG. It is an upgraded version of the German packaging Regulation Verpackungsverordnung (VerpackV), which came into effect on 1 January 2019. The decree creates a new set of obligations for commercial entities to package goods on the German market. As a supplier of products and goods to the German market, Etisoft has met these requirements and is registered in the Central Packaging Registration System. If you do Europe or Germany station, deep cultivation of Germany, must understand this packaging method, and must go to the registration for the record!

What happens if the German packaging law is not registered?

The packaging law and regulations have come into effect on January 1, 2019. I believe that those who do European stations have received an email notification from Amazon. All sellers are required to comply with the new packaging act, otherwise the products will not be stocked or sold in Germany.

Requirements: as long as your customers are in Germany (that is, anyone staying in Germany will receive your package), any package of your products must be registered and licensed. Otherwise, your product will not be able to sell in Germany, and you will have to pay a fine of up to 200,000 euros!

Why is there this law?

The answer in two words: environmental protection. Germany requires you to register, that is, to let the waste disposal company in your country know whether your packaging can be handled. If they can handle it, they’ll sell it to you; If it cannot be treated, they simply refuse entry.

German packaging law registration process

LUCID management system

The law applies to all packaging. Through a central database, better management of manufacturers and waste management systems companies, more transparency, physical and chemical requirements consistent with the old packaging regulations, and minimal packaging as possible. It is recommended to mark the materials according to the packaging materials, such as PET, PVC, PAP, ALU, FE, GL, TEX, lead, cadmium, mercury, and hexavent chromium. The total quantity does not exceed 100 mg/kg

You need to register with LUCID online

To register online in the LUCID Central database:

Importer name, address and contact information (public) Natural person with representative/agent status Manufacturer identification number or EU tax number brand name (public) participating in one or more system company statements submitted information accuracy statement

Fill in the LUCID Central database with the following information:

Registration Number Packaging materials and Weight System Company name Effective period of the contract

Submit to LUCID by March 15 of the following year, subject to expert review before submission

Main contents of VE Statement:

The packaging material and weight actually introduced into the market in the previous year participating in one or more system companies are exempt: glass not exceeding 80 tons, paper not exceeding 50 tons, or other packaging materials not exceeding 30 tons

A fine

Failure to register with LUCID in time can result in a fine of up to 100,000 euros; Failure to participate in systems companies can result in fines of up to 200,000 euros

Note to Amazon Sellers:

All materials and information are provided directly by third party providers. Amazon does not appoint or recommend any third party providers and cannot guarantee the accuracy or completeness of any of its materials. To the fullest extent permitted by applicable law, Amazon and its affiliates disclaim any warranty, express, implied or presumed.

In principle, all typically wasteful packaging by end users must be licensed. This includes transporting materials. The manufacturer or first issuer of packaging material shall be responsible for licensing. “Erstinverkehrbringer is the first person to distribute b2c packaging containing goods to third parties for commercial (and possibly free) purposes for distribution, consumption or use,” the Central Office wrote.

In order to make your products more safely sold in Germany, it is recommended that you register the packaging method as soon as possible!

In the first three quarters of this year, China-Europe freight train transportation maintained strong growth, and continued to play a key role in stabilizing the international supply chain and boosting international cooperation against COVID-19, according to China Railway Group. In the first three quarters of this year, a total of 11,343 China-Europe freight trains have run, carrying 1.093 million TEUS of goods, up 29% and 37% respectively year-on-year, with the heavy container rate reaching 97.9%.

Since the beginning of this year, China-Europe express trains have made full use of their unique advantages in international railway combined transport, vigorously carrying goods transferred by sea and air, and the number of trains in operation has remained at a high level. A total of 11,343 trains have been opened, delivering 1.093 million TEUS of goods, up 29% and 37% respectively year-on-year, with the rate of heavy containers reaching 97.9%. In September, 1,291 China-Europe freight trains ran, carrying 127,000 TWENTY-foot equivalent units (TEUs), up 9 percent and 16 percent year-on-year respectively, continuing to play a key role in stabilizing the international supply chain and boosting international cooperation against COVID-19.

China Railway Urumqi Bureau Group Co., Ltd. has utilized the transport capacity of alashan Pass and Khorgos shorelays within the railway, optimized transport organization, refined safety measures, precise scheduling and command, enhanced the joint mobility of quasi-rail and wide rail, and maximized transport production efficiency.

China Railway Shanghai Group Co., Ltd. planned the operation frequency of china-Europe freight trains in advance, and provided 24-hour loading and unloading service for china-Europe freight trains. By the end of September, nearly 500 china-Europe freight trains (Yiwu) had run this year.

China Railway Jinan Bureau Group Co., Ltd. has actively explored the mode of “freight train + cross-border e-commerce”. The number of China-Europe freight trains in operation this year is close to the total number in operation last year.

From 1st to 20th Nnov dealer network shopping rush hour, China railway group co., LTD. Will actively adapt to the electricity business logistics, small batch, fast delivery, high value-added market demand, their various capacity resources, take the initiative to expand high-speed rail express, cold chain transport of goods, express trains and other special services, for the masses to provide more quality and efficient railway express services.

Electricity this year golden week, the railway department will make full use of high speed rail express passenger on the bullet train tank, reserved ticket cars and baggage, passengers on the sd bus high-speed confirm goods train, railway express trains, more accurate delivery capacity, average daily arrangement of high-speed passenger trains, 1135 columns, used car spare space and high-speed express deposit ark express mail.

To adapt to the characteristics of fresh food, railway departments have taken the initiative to expand the scope of cold chain transport services, greatly increasing the number of places of shipment, coverage and types of goods. Actively serve the health industry and provide more accurate medical and health cold chain transportation services; Make full use of railway express cargo trains to provide “warehouse to warehouse” bulk transportation services for express logistics enterprises and household appliances, daily chemicals, food and other production enterprises; To strengthen cooperation with express delivery and logistics enterprises such as Post, SF Express and JD.com, and vigorously develop inter-city bulk express transport services.

To ensure the prevention and control of the epidemic and the safety of transportation environment, railway authorities have strictly implemented the requirements of “inspection of goods received, real-name registration and in-flight security check” for goods transported by emU trains and baggage cars. General goods are packed in high-speed rail packs, special packing boxes and other ways, while cold chain goods are packed in specially designed cold chain boxes, so as not to pollute seats and affect passengers’ ride.

China’s economic development and carbon emission reduction go hand in hand and reinforce each other. The current contradiction is one of the challenges China faces in the process of economic transformation and upgrading to achieve high-quality development. Although there may be some pains in this process, only by being determined to face up to the problems and solve them can we achieve leapfrog and high-quality development of the Chinese economy.

More than 20 provinces in China are suffering from power shortages due to coal shortages and soaring coal prices. In this regard, some Westerners are concerned that China will not be able to meet its carbon peak and carbon neutral targets on time if it redevelops coal power on a large scale.

Such fears are misplaced. Coal is a high-carbon energy source. In the context of climate change and low-carbon development, it is the general trend of the world to gradually reduce the use of coal, and China is no exception. However, a good understanding of reality helps to make objective and prudent judgments. In addition to increasing demand, the main reason for China’s coal shortage is insufficient supply. The reason behind it is related to China’s efforts in recent years to reduce the proportion of coal in the energy mix. In the supply-side structural reform that began in 2016, China has shut down 1 billion tons of coal capacity and eliminated or closed a large number of coal mines. The coal shortage reminds us that development is the premise and basis for solving all problems. We should promote low-carbon transformation in a balanced and orderly manner while ensuring stable and safe energy supply.

But this does not mean that China will slow down its low-carbon development process. Recently, a series of high-profile intensive heavy file, including the central committee of the communist party of China, issued by the State Council “about complete and accurate to fully implement the new concept of development to do a good job of carbon of peak carbon neutral opinion”, the State Council issued the action plan for peak carbon up to 2030 years ago, as well as “China’s response to climate change policy and action”, the white paper, Implementation plans will also be released in key sectors such as energy, industry, construction and transportation, as well as in key industries such as coal, power, steel and cement. China has demonstrated its determination to achieve carbon peak and carbon neutrality with concrete actions. It has reaffirmed that it will introduce capacity control policies for coal power generation, coal chemical industry and other industries to accelerate the pace of coal reduction. The growth of coal consumption was strictly controlled during the 14th Five-Year Plan period and gradually decreased during the 15th Five-year Plan period. We will coordinate the development of coal and power plants, ensure their supply and adjust peaks, strictly control the installed scale of coal and power plants, and speed up energy-saving upgrading and flexible transformation of existing coal and power units. At the same time, China reiterated that it will build a new type of power system with new energy as the main body, and improve the power grid’s ability to absorb and regulate a high proportion of renewable energy.

In fact, the share of coal-fired power generation in China’s total installed power generation capacity has dropped from 65.7 percent in 2012 to 49.1 percent in 2020, a historic leap of less than half. China ranks first in the world in cumulative installed capacity of hydropower, wind power and photovoltaic power generation.

Energy shortage is a common challenge facing the world at present, and its core problem is the balance and coordination between energy supply and carbon emission reduction in economic development. As far as China is concerned, reducing carbon emissions is not only China’s solemn commitment to the world, but also an integral part of China’s economic transformation and upgrading and the realization of high-quality development. In other words, China’s economic development and carbon emission reduction go hand in hand and reinforce each other. The current contradiction is one of the challenges China faces in the process of economic transformation and upgrading to achieve high-quality development. Although there may be some pains in this process, only by being determined to face up to the problems and solve them can we achieve leapfrog and high-quality development of the Chinese economy. To fully, accurately and comprehensively implement the new vision on development, we must not give up eating for fear of choking or turn back when confronted with obstacles. At the same time, we should not ignore the complexity, long-term nature and arduous nature of the current problems, and we should not expect to achieve carbon peak and carbon neutrality overnight.

We believe that the future is bright and the road is tortuous. We have every reason to be confident that China will reach its carbon peak and carbon neutral targets as scheduled.

With the support of new energy properties, the traditional phosphorus chemical industry is attracting increasing attention from the capital market. Wind statistics show that since the third quarter of this year, the purchase turnover of phosphorus chemical sector reached 159.7 billion yuan, up nearly 19 times year-on-year, and the total market value of constituent stocks reached 278.4 billion yuan, up 122% in a single quarter.

The driving force behind bringing phosphorus to site C is “lithium iron phosphate”. Since this year, with the withdrawal of the national high subsidies for new energy vehicles, as well as the technological breakthrough of the energy density of lithium iron phosphate batteries, lithium iron phosphate has the advantage of low cost began to stage a comeback, the number of installed quickly picked up.

Reporters found that, including Tesla, BYD (002594.SZ), Xiaopeng, the Great Wall and other car companies have increased the proportion of lithium iron phosphate battery models. Daimler also recently said that mercedes-benz will switch to lithium iron phosphate batteries for some models, and Tesla has announced that all standard range versions of electric vehicles worldwide will switch to lithium iron phosphate batteries.

Lithium iron phosphate is the end product of the whole phosphorous chemical industry chain, and the raw material at the most upstream of the industrial chain is phosphate ore. In other words, how much lithium iron phosphate can be produced in the industrial chain ultimately depends on the amount of phosphate ore mined.

From the perspective of downstream application, phosphate ore is mainly used to produce phosphate fertilizer (mainly monoammonium phosphate and diammonium phosphate), accounting for more than 70%. As food prices have risen in recent years, so has the desire to grow, demand for phosphate fertilizers and the pesticide glyphosate.

Market demand is growing rapidly, however, phosphorus is an essential element for plant and animal growth, phosphorus fertilizer is the key to food production, and phosphorus resources are not renewable. In recent years, China has designated phosphate as a strategic resource, limiting its exploitation and export; At the same time, under the restriction of energy consumption and environmental protection policies, the amount of phosphate ore mining is decreasing.

By the end of July 2021, China’s phosphate ore inventory level was about 1.86 million tons, down about 42.6% from the same period last year, and down about 80% from 2016, indicating a significant shortage of supply. China is already struggling to produce enough phosphate ore just to meet its agricultural needs.

From a global perspective, the United States has been forced to stop the export of phosphate ore since 2002, and the European Union has also issued relevant legal documents to restrict the disorderly exploitation of phosphate ore in its member states.

In the middle reaches, Baichuan Yingfu analyst Jiang Chen told reporters that industrial grade ammonium phosphate as the preparation of lithium iron acid precursor iron phosphate necessary raw material, its capacity and phosphate fertilizer overlap. Due to the control of ammonium phosphate production capacity policy, when the demand for ammonium is strong, it is the conventional way of phosphate chemical enterprises to supplement ammonium production capacity through ammonium conversion, but in the current high prices of all kinds of agricultural materials, ammonium also has a good profit space, resulting in ammonium production capacity can not be effectively supplemented.

In addition, due to the high purity phosphoric acid wet process has high technical barriers and matching restrictions, industrial grade phosphoric acid, another key intermediate link of lithium iron phosphate, is also more prominent contradiction between supply and demand.

“Mineral mining in the upper reaches and chemical production capacity in the middle reaches are strictly limited. At the same time, they are also facing the squeeze of agricultural demand. Phosphorus chemical production capacity is difficult to meet the market demand of agriculture and new energy. “A domestic phosphorus chemical enterprise related person in charge told financial union reporters.

As a strategic resource, it is impossible to let go of restrictions. With the further growth of demand, the contradiction between supply and demand of phosphorus chemical industry chain can only be further intensified. The “seller’s market” for phosphorus chemicals will continue unless new technologies and products emerge that can replace them.

Industries with limited supply and growing demand often contain excellent investment opportunities, which is also the logic behind the recent surge in the phosphorus chemical sector in the secondary market. Some private investors said that the holding of new energy will open up hundreds of billions of market space for the phosphorus chemical industry. Under the widespread contradiction between supply and demand, the value of the core link in the industrial chain will be more prominent.

From the perspective of industrial chain of phosphorous chemical industry, in the short term, enterprises with high-purity phosphoric acid and industrial-grade ammonium phosphate production capacity resources and technical reserves are expected to take the lead in integrating with the new energy industry, and their performance will be the first to release; In the medium and long term, the value of phosphate resources will be greatly enhanced. In addition, due to the relatively simple downstream of lithium iron phosphate, binding downstream battery manufacturers in advance will also bring obvious channel advantages for enterprises.

Coal prices continue to hit high so that once silent “coal crazy” again. Various departments have moved to promote coal prices to return to the fundamentals, Inner Mongolia, Shanxi and other places have also sounded the call of coal supply, the continuous rise of coal prices may usher in a turning point in the near future.

Keeping supply and price stable in multiple regions to curb “Crazy Coal”

In August, coal prices picked up again. As of October 20, coke main contract nearly three months tired up 45.50%; Coking coal rose 63.14%; Thermal coal soared by 109.42% and broke the 1,000 yuan mark in early September. Since then, it has hit a record high and approached 2,000 yuan on October 19.

On spot prices, data from the National Bureau of Statistics showed that on September 24, the comprehensive transaction prices of 5500 kcal, 5000 kcal and 4500 kcal thermal coal in Qinhuangdao Port rose 194 yuan, 182 yuan and 151 yuan respectively on August 27.

Inner Mongolia, Shaanxi and Shanxi, China’s main coal producing regions, have recently issued notices to ensure coal supply and increase production. For example, The Inner Mongolia Autonomous Region has made every effort to promote the nuclear increase and release of coal production capacity. It has approved 89 coal mines with increased production capacity of 138 million tons annually. At the same time, we encouraged 63 coal mines on the list of coal mines guaranteed by the State to sign additional mid-to-long term contracts in the fourth quarter, and assigned the task of sourcing 53 million tons of coal in 18 provinces, autonomous regions and municipalities directly under the central government to 29 key coal producers.

The market supervision administration of shaanxi province to standardize the behavior of coal enterprise price policy reminder letter “, points out that coal producers began to “restrain coal price one hundred action” of yulin city, further regulate the behavior of the coal market price, strike hard coal enterprise sales prices rose too fast or too high, colluding or bid up the price of illegal behavior.

On October 18, Zhang Xiaoguang, secretary of the Party Committee and Director of Shaanxi Provincial Development and Reform Commission, held a special meeting on energy supply protection, stressing that to ensure a reasonable level of coal inventory, resolutely put an end to the shutdown of power generation enterprises short of coal; We will continue to release effective coal production capacity.

Shanxi and Hebei, Shandong, Jiangsu, Zhejiang, Tianjin and other 14 provinces and municipalities signed the fourth quarter of long-term coal supply contracts to ensure energy supply…

Government and enterprise linkage to ease “Coal rush”

Zhongxin Jingwei noted that in order to alleviate the “coal rush”, the policy level has taken a series of measures, enterprises have responded.

An executive meeting of The State Council on Oct 8 required major coal-producing provinces and major coal enterprises to increase production and supply as required. An executive meeting of The State Council, held on Oct 20, stressed the need to ensure winter heating in northern regions, especially northeast China. We will do our best to ensure the production and transportation of coal for heating. We will crack down on speculation in the coal market according to law.

On the evening of October 19, the National Development and Reform Commission (NDRC) launched a “combination” of measures to intervene in coal prices according to law. To organize and hold symposiums on ensuring supply and price stabilization for key coal, electricity, oil, gas and transportation enterprises; The investigation in Zhengzhou Commodity Exchange emphasizes strengthening supervision according to law and severely investigating and punishing malicious speculation of thermal coal futures by capital.

October 20, the National Development and Reform Commission, the group went to hebei qinhuangdao port coal price guarantee for steady work, caofeidian port supervision, resolutely curb, in accordance with the regulation of hoarding hype, ensure this winter spring energy security and stability of power supply, and in henan coal reservoir with trading center hebi park research, emphasizes to crack down on coal spot market prices, disturb the order of market economy.

On the same day, the CSRC stressed that it will guide exchanges to take a number of measures such as raising the standard of handling fees, tightening trading limits, and expanding the scope of deliverables to resolutely curb excessive speculation and put an end to malicious speculation by capital.

Enterprises, for example, the National Energy Group held a special meeting on supply protection on October 21 and proposed that the coal industry should ensure orderly production increase and high yield of self-produced coal in the fourth quarter. Mines that meet the requirements for production should arrange production according to a quarter of the annual capacity, while those that do not meet the requirements should be organized according to the maximization.

At the same time, the National Energy Group Coal Management Company, China Coal Group, Jineng Holding Group, Inner Mongolia Yitai Group promised to stabilize the price of supply: around the Bohai Sea port water calorific value of 5500 kcal thermal coal closing price in 1800 yuan/ton below; The closing price of 5000 kcal thermal coal is less than 1500 yuan/ton; The closing price of 4500 kcal thermal coal is less than 1200 yuan/ton; The price of high calorie thermal coal other than those mentioned above shall not exceed 2,000 yuan/ton.

Can coal prices hold down?

With a series of measures to ensure stable prices, coal prices will be out of a round of adjustment? At present, reflected in the futures disk, October 19 day and night disk, coking coal, coke, thermal coal have dropped limit; October 20 -21, coal “three brothers” still extended limit.

Chen Li, chief economist and director of research institute of Chuancai Securities, told Zhongxin Jingwei that the current market reaction is relatively positive. The linkage between coal price and power price is the focus of the current market. From the comparison of coal price and power generation cost, there has been an inverted price of electricity. Therefore, while liberalizing the power price mechanism, how to further stabilize the supply and price of coal is a top priority.

Ruida futures analysis, regulatory level of the relevant policies on the short-term impact of the coal market will continue. The current thermal coal winter consumption season has begun, coal prices have certain support. From the output of the fourth quarter in recent years, coal output has increased, and under the background of increasing efforts to guarantee supply at present, coal output in the fourth quarter of this year may also significantly increase, coal prices will return to the normal range of fluctuations.

The China Coal Transport and Marketing Association expects that coal supply will maintain growth in the later stage as coal production capacity in major producing areas is released at a faster pace, while coal demand growth will slow down, and the supply and demand situation in the coal market will gradually improve. It is reported that from October 1 to 13, the association monitored the average daily coal output of coal enterprises increased by 4.5% compared with September, and the effect of increasing coal production and supply gradually appeared.

CCB futures reminds in the research report, the regulatory level of news reflects the state for the thermal coal supply stability of the clear attitude, strength is large, thermal coal fundamentals are expected to improve, coking coal, coke, thermal coal futures plate prices face the risk of rapid decline.