"Daily Economic News" reporter was informed that the December 19, Changzhi City, Shanxi Coke Association held a market analysis meetings, it is recommended that Changzhi area coking enterprises to maintain the current efforts to limit production and coke low inventory levels, and always will remain as the primary task, combined with its 30 yuan to 50 yuan / ton price rises to downstream enterprises.
Shanxi Province also revealed that the person in charge of the Commission by letter, Shanxi Province intends to introduce preferential policies for coking enterprises in the coal source and capacity to support key coking enterprises, the program of specific projects is still under investigation.
It is understood that there is a loss of 133 in 2010 in Shanxi province 189 normal production independent coking enterprises, corporate loss of more than 70%. Yuncheng outside the province other parts of the coking industry, substantial loss, and loss for the year amounted to 3.149 billion yuan. Since the beginning of the first quarter of 2009, the Shanxi Coking (600,740, stock it) industry has been at a loss.
Shanxi has been a big province of China's coke industry, the first 11 months of this year, Shanxi coke output reached 82.676 million tons, accounting for 21.06 percent of the country's total output. In order to reverse the dismal situation of the coke market, increase profits, reduce losses, on October 25 this year, the Shanxi Coking Enterprise Alliance, the industry-wide commitment to the town gas is related to people's livelihood coking enterprises limited production rate of 30% Nothing else can be limiting the production of 50%.
"In the case of heavy losses, in order to reduce losses to curb prices, limit production is currently no choice." Shanxi coking enterprises responsible person told the "Daily Economic News" reporter.
China Coking Industry Association data show that China's coke production capacity has exceeded 500 million tons, coke production in 2011 about 420 million tons, the overcapacity situation has not improved.
Xiamen University, China Energy Economic Research Center Lin Boqiang coke concentration of the industry is not high, it is almost impossible to rely on monopoly price, the production has become the best way to the "Daily Economic News" reporter. "
A coke industry analyst told reporters that "up to about 85 percent of China's steel industry accounted for the proportion of consumption of coke, the downstream steel market by the macroeconomic slowdown, liquidity stress, superimposed impact of multiple risk factors for terminal weak demand, steel prices operational difficulties recession and upstream of the downstream steel industry coking coal prices firm squeeze the profit margins of the coke. "
In addition to the above incentives, the Shanxi Coking Industry "12th Five-Year Plan forthcoming," to encourage the coking main businesses and the key coal enterprises signed a long-term strategic cooperation agreement, the railway sector to focus on the capacity of coking enterprises arrangements to be tilted or included in the plan.