Shaanxi orders miners to keep 2011 power coal price unchanged
Dec 22, 2010 | en.sxcoal.com

Northwestern China’s Shaanxi province has ordered coal miners to keep the contract price of power coal in 2011 at the same level as in 2010, according to a notice issued by provincial Bureau of Commodity Prices recently, in a bid to secure the supply of power coal and normal operation of power plants, Xi’An Evenings reported.

The provincial bureau calls for all the key state-owned and local coal mines not to raise the contract price of coal supplied to power plants in the province. Coal producers are asked to improve the fulfillment of contracts, and power generators to increase operation efficiency, it noted.

As the current coal market is in a state of short supply, coal miners and power generators aren’t allowed to suspend coal supply and power generation, even if they didn’t reach consensus on price, according to the notice.

And, those raising prices, lowering coal quality or selling contract coal as spot coal would be punished severely, the bureau said.
 

  E-mail   Save   Print
Prev : C.China coal shortages spur demand
Next : Fertilizer giant to invest $5b in Xinjiang coal chemical project
Relevant News:
Shaanxi Coal Industry Jan-Sep profit slumps 71pct Oct 24, 2014
China Coal Energy 3Qs net profit down 79.3 pct Oct 24, 2014
Shandong to cut coal output by 10pct in Sep-Dec Oct 23, 2014
Shanxi may eliminate "wagon request fee" for rail coal transport Oct 23, 2014
Shanghai Sep coal imports down nearly 35pct on yr Oct 23, 2014
RECOMMEND THIS STORY
Recommend It: Average (75 votes)

Phone:0086-351-7219322 Fax:0086-351-4728543 
Copyright © 2009-2012 Shanxi Fenwei Energy Consulting Co.,Ltd.All rights reserved.