In the first half of the year, the northern port shipped incremental coal or nearly 20 million tons of coal.

Since the beginning of this year, despite the debt crisis in Europe, despite the overall stable economic development in China and new progress in structural adjustments, the lack of demand, the decline in the efficiency of certain industries and enterprises, and other contradictions have underscored the pressure on the economy. China has taken the initiative to adjust its structure, change its economic development mode, and slow economic growth. Affected by the macroeconomic regulation and control, coal demand has been affected. Demand in the international market continues to shrink, and the export-oriented economy dominated by foreign trade processing in the coastal areas of East China and South China will be affected more and more.

In the first five months of this year, the electricity consumption of the entire society increased by 5.8% year-on-year, and the growth rate decreased by 6.2% year-on-year, of which the electricity consumption in the month of May increased by 5.2%. CEC experts predict that the growth of electricity consumption in June will continue to fall below 5%. The slowdown of domestic economic growth, the growth of coal demand in the main high-energy-consuming industries is very limited, and coal demand growth is weak. According to statistics, from January to May this year, the output of ten types of non-ferrous metals, such as thermal power, crude steel, cement, and glass, only increased by 4.1%, 2.2%, 5.0%, and -1.7% year-on-year, respectively, a significant drop of 7.0 percentage points from the same period of last year. 6.3%, 14.3%, and 21.3%. Both investment and exports were weak, and the overall economic growth in the country slowed down. The growth of major high-energy-consuming products declined significantly. Due to the frustration of market confidence, some downstream coal-consuming enterprises, especially some coal users in the market, basically suspended coal purchases in the domestic market. This mainly led to the import of coal and domestic key coal contracts, which led to a rapid rise in coal inventories at the port and difficulties in launching coal. Many coal ports have production deficiencies.

In fact, excluding the impact of imported coal, assuming that the amount of imported coal in the first half of the year was comparable to the same period of last year, the number of coal shipped to northern ports during the first half of this year must have been higher than the same period of last year. The estimated increase is about 20 million tons. The actual coal demand is still Very impressive.