Indifferent enterprises shout at coal enterprises

The coal production and transportation in 2012 at the sunset on December 30 need to be joined together with the assembly meeting. It seems that there is a certain degree of debate over the vigorous coal-fired power generation in 2011. However, the electricity companies have to wait in a negative manner and the pooling parties do not talk about the results. This time, the summary will leave this year's coal situation, and it is too many questions to be solved.

The power company's cool appointment “Kunming sees!” This slightly provocative discourse comes from the mouth of a high-level electrical enterprise that was a few months ago. The target is of course old Laojia coal companies. However, when the coal power contract summary was really held in Kunming, the power companies were very cool.

"Although we invited, but none of the representatives of the five major power groups have come!" A person in charge of the China Coal Transportation and Marketing Association (hereinafter referred to as the "Coal Transport Association"), the organizer of the meeting, told the New Financial reporter on December 29. According to observations, the personnel participating in the assembly meeting, in addition to high-level coal companies, the person in charge of the coal trading market and the provincial coal management department officials, it is indeed difficult for companies to take advantage of the shadow.

“Individual power plant subordinate power plant personnel will still come, especially in areas with relatively tight transport capacity, and hope to come here to clear up some relations and coordinate the issue of power coal capacity,” said a middle-level member of the Huaneng Group holding power plant.

However, according to informed sources, the top five power company executives still appeared in the last two days of the meeting, the purpose is to confirm the smooth entry of coal contracts.

The main content of the meeting is that coal companies will aggregate the information of electric coal contracts signed at the end of 2011 into coal transportation associations, which are divided into two modes: network aggregation and on-site centralized aggregation. The power companies are not the main participants. “But this is also a The platform for exchange and negotiation between the coal and power companies is very positive in previous years, and the disputes between the two sides are also very strong. It can be an exception in 2011, said the person in charge.

The power company's back board is indeed more straight. A month ago, the National Development and Reform Commission introduced the control of coal prices and the combination of the increase in on-grid tariffs. This is an important bargaining chip for electricity companies to negotiate the 2012 coal contract, and it is also a source of indifference to the summary meeting. .

"For the key contract coal prices in 2012, the NDRC's control signal has been very clear, so at the end of the signing of the contract between coal and electricity, there was not too much conflict, and it was quite peaceful." Hao Hongwei, director of the Coal Marketing Management Office of Hebei Development and Reform Commission, told the new financial The reporter said that the current summary of major coal contracts in Hebei Province is nearing the end, and only a small part of the amount has not been signed.

The coal enterprises opened their mouths from 2011 when power plants collectively went to Beijing to cry poorly and at the end of the year they denounced the “coal company oligarchy”. As a result of public opinion’s public opinion, the self-proclaimed coal company unanimously regarded this as a “planned unification of power companies”. "Action" and "cry children have milk to eat", the NDRC's intervention in 2012 coal prices is the loot of the power companies.

Coal companies, on the other hand, shoulder a heavy burden. The Kailuan Mining Group's annual coal production capacity is 10 million tons, of which the key contract coal volume is 5 million tons, which has been recorded in the summary meeting, but the group’s deputy general manager Wu Aimin said to the new financial reporter: “There are 130 For the old mines that have been mining history for a long time, the cost of mining is very high, at around 380 yuan/ton, and the 4,000 kcal contract coal price is only around 320 yuan/ton.”

Although the contract coal price increase in 2012 was set at 5%, the contract coal price for Kailuan coal mine can only increase by around 15 yuan, still unable to make up for the current loss of 45 yuan per ton, if it is multiplied by 5 million tons of contract coal. This is a total loss of more than two billion.

The loss of contracted coal can only be compensated by the profits of market coal sales, but the NDRC's policy of limiting the coal price to the market has also discounted the profits of coal companies.

The lack of motivation for coal companies to implement contracted coal is the fundamental reason why power companies believe coal companies have low contracted coal redemption rates. However, Wu Aimin does not agree: "The rate of redemption of contract coal is very high, because the state will regularly investigate the implementation of coal companies, and if there are any omissions, it will inevitably be doubled."

It is reported that Shanxi Coking Coal Group and Yangmei Coal Group are therefore punished by 30 million yuan. "If it is a small coal mine company, it will be closed under such punishment."

“The high coal price and the difficulty in rising electricity prices” seem to make this loss account obvious, but the mining costs of coal companies are rarely calculated. The increase in electricity prices has benefited power companies, but for high-power coal companies that operate in deep wells, it is a significant new investment. “The underground mine tunnels are some 10 kilometers long. The lighting and belt conveyor corridors consume a lot of electricity. Together with continuous investment in safety facilities (high at 60 yuan per ton), and other national and local tax collections, such coal mines have a profit margin. It is very limited," said a Shanxi coal boss for the new financial reporter.

“The cost is low and the profits are high.” Wang Liting, Deputy Director of the Coal Industry Bureau of Shandong Province, described the current coal industry. "The cost of intermediate links such as coal and logistics that are shipped from Shandong to Jiangsu and Zhejiang is very high, and the pit price accounts for less than 50% of the final transaction price."

In addition, Wang Liting also stated that the coal resources in Shandong Province are also facing the depletion of mining, but in 2011, in order to ensure the normal power supply of power plants in Shandong Province, coal prices in Shandong Province were lower than the market coal price of 200 yuan / ton to supply electricity. Coal, a total of 3.9 billion yuan.

The market is unpredictable. The deadline for the 2012 coal coal contract summary is December 29, 2011. The new financial reporter consulted with the Coal Mining Association on the 30th. The answer was that the association needed to verify the contents of the contract and did not The publication will not be announced until the results are submitted to the National Development and Reform Commission, the Ministry of Railways, and the Ministry of Transport in early January 2012.

However, an unconfirmed argument is that in 2012, the total amount of coal contracts was about 1.2 billion tons. This is far higher than the total amount of 338,600,000 contracts of coal that was contracted by the National Development and Reform Commission in 2012.

It is difficult to predict how many 1.2 billion tons of contracts will be approved through auditing, because according to the contract coal summary requirements, each coal enterprise must sign a complete and real-quality purchase and sales contract with a coal user company with a complete quality and price.

According to the contract signed by provincial coal companies in December 2011, many of them were contracts for cooperation intention only, and the quantity and price were difficult to sign. In areas where the railway transportation capacity in the Sanxi area is tight, the transportation capacity is hardly reflected in the contract, so we come to the meeting. Most of the people are also coordinating capacity.

In terms of price, the disagreement between the two sides has basically been resolved, but some coal companies still have obstacles to the distribution of coal in the contract.

Huainan Mining Group has an annual output of 67 million tons of coal, including more than 28 million tons of key coal, which is a large supply of electric coal and mainly supplies power plants in the East China and South China regions. The person in charge of the group's marketing department told the new financial reporter: “The difficulty now is how to allocate the amount of contracted coal reasonably. Because there is plenty of capacity in the region, and coal is not sold out at all, everyone is fighting for this amount of contract. And we ourselves have equity in power plants. It's very difficult for this bowl of water to be leveled."