The supply and demand in the national coal market was basically balanced in the first half of this year
"In the first half of this year, raw coal output of national large-scale coal enterprises reached 1.7 billion tons, a year-on-year increase of 3.9%; net coal imports stood at 144 million tons, up 12.6% year-on-year; preliminary estimates show that national coal consumption was about 1.89 billion tons, a year-on-year growth of 3.1%, achieving a basic balance between supply and demand."
Recently, Wang Xianzheng, President of the China National Coal Association, made this statement in his keynote speech at the opening ceremony of the 2018 Summer National Coal Trading Fair. He noted that from the perspective of production capacity scale, the overcapacity situation in the coal industry has not changed.
2018-07-27