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        Weekly Review -- Coal & Power


        2014-08-27 11:02:46


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        The growth of electricity consumptions has been fluctuated quite obviously since this year. And data shows that, from January to February, the growth rate for the whole society electricity consumptions was 4.5%, and the growth rate for the whole society electricity consumptions from February to June was 13.7%, 7.2%, 4.6%, 5.3% and 5.9% respectively, but the same fell down to 3.0% in July, which pulled down the growth rate for the whole society electricity consumptions from January to July by 0.4% compared with the growth rate for the whole society electricity consumptions from the first six months.

        As pointed out by Zhou Dadi, deputy director of the National Energy Experts Consulting Committee, the slump in electricity consumptions mainly lied in the adjustments in industrial field. Currently, the industrial electricity consumptions in China takes up 70% of the electricity consumed by whole society, and in which, the consumptions by the high energy consumption industries takes up around half of that by industrial consumptions, and the fluctuations is closely related to the productions in these industries. 

        Data shows the industrial electricity consumption in July increased for 2.9% only, fell by 2.2% compare with that in June.

        The industrial operation data for July as announced on August 13th also supports the viewpoint.  The statistical data shows that in July, the added-value of the scaled industries rose 9.0% compared with that of the same time period of last year, and the growth rate fell by 0.2% compared with that in June, and in which, the added-value of ferrous-metals smelter and pressing and extension processing industry grew for 5.2%, fell by 1% compare with that in June.

        Zhou Dadi believes that, for the time being, Chinese industrial adjustment is in a critical stage, especially that the structural adjustment for high energy consumptions is being pushed forward deeply, which has affected economy obviously in short term, and has been proved by the fall of the industrial power consumptions. However, with the Chinese economy changing from traditional expansion to intensive growth, it is normal the demand for electric energy falls. 

        Coal & Power Data Analysis

              Heat
        Port
        5800K 5500K 5000K 4500K
        秦皇島Qinhuangdao 515-525 475-485 415-425 370-380
        黃驊Huanghua 525-535 475-485 415-425 370-380
        天津Tianjin 525-535 470-480 420-430 375-385
        曹妃甸Caofeidian 520-530 475-485 415-425 365-375
        國投京唐港
        SDIC Jingtang
        515-525 475-485 420-430 370-380
        京唐港Jingtang 515-525 475-485 415-425 370-380
         

        *  Bohai Thermal Coal Price Index (BSPI) (Unit: yuan / ton).
        Published:Aug 20, 2014

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