On August 8, the Ministry of Industry and Information Technology announced to the public a list of 18 industries that eliminated backward production capacity. The backward production capacity of these enterprises must be closed before the end of September this year. In the 18 industrial sectors, the elimination of backward production capacity in 2010 involved a total of 2,087 enterprises.
China Investment Consulting Energy Industry Researcher Song Zhichen pointed out that in the first half of the year, China's energy consumption per unit of GDP increased by 0.09% year-on-year, which was basically the same as that of the same period of last year. Especially in the first quarter of this year, domestic energy consumption per unit of GDP increased by 3.2%. This phenomenon has been highly valued by the national government. In addition, in the first half of the year, it has been determined that efforts to eliminate backward production capacity and energy conservation and emission reduction will be intensified this year, and indicators for eliminating backward production capacity in various industries have been formulated. However, the progress in eliminating backward production capacity and energy conservation and emission reduction in the first half of the year has been quite slow, which undoubtedly increased the pressure on domestically to eliminate backward production capacity in the second half of the year. In order to cope with the work of eliminating backward production capacity in the country, in July, various places have successively canceled the preferential price policy for high-energy-consuming enterprises, and adopted a new differential electricity price policy.
In the second half of the year, the elimination of backward production capacity in the industrial sector will have a major impact on China's coal industry. First, in 18 industrial sectors, it directly or indirectly affects the demand for domestic thermal coal, such as backward production capacity in industries such as cement. Elimination will inevitably directly reduce the market demand for thermal coal, while other industries are basically some high-energy-consuming enterprises. Eliminating such enterprises will reduce the demand for industrial electricity consumption, thus reducing the demand for thermal coal. All in all, the elimination of outdated production capacity in the second half of the year will increase the pressure on domestic coal sales. In addition, the elimination of backward production capacity has also involved a large number of coke enterprises. This is a good news for the coke industry. In the first half of the year, the downturn in the coke industry was directly related to the overcapacity of the coke industry. In addition to eliminating backward production capacity, it can be used for coke. The industry's overall cooperation pavement can also temporarily adjust the production capacity of the coke industry.
Zhang Yulin, research director of China Investment Consulting, pointed out that speeding up the elimination of backward production capacity can change the extensive development mode of high input, high consumption, high pollution and low output in China, and can solve the problem of overcapacity occupying the market share of advanced production capacity and alleviating overcapacity. Contradictions and promote the healthy development of the industry, so that the industrial structure can be optimized, the level of technical equipment and international competitiveness can be improved, and the industry will become stronger and stronger.
According to the “2010-2015 China Coking Industry Investment Analysis and Prospect Forecast Report†issued by China Investment Consulting, the low concentration of production capacity has always plagued the development of the coking industry, and the upgrading of the industrial structure will be based on the industrial concentration. In the past five years, coking enterprises have achieved certain results in mergers and acquisitions, and the coking industry will continue to increase integration efforts in the future. The elimination of backward production capacity in the coking industry is clearing the way for mergers and acquisitions in the coke industry to improve the concentration of the industry.
China Investment Consulting Energy Industry Researcher Song Zhichen pointed out that in the first half of the year, China's energy consumption per unit of GDP increased by 0.09% year-on-year, which was basically the same as that of the same period of last year. Especially in the first quarter of this year, domestic energy consumption per unit of GDP increased by 3.2%. This phenomenon has been highly valued by the national government. In addition, in the first half of the year, it has been determined that efforts to eliminate backward production capacity and energy conservation and emission reduction will be intensified this year, and indicators for eliminating backward production capacity in various industries have been formulated. However, the progress in eliminating backward production capacity and energy conservation and emission reduction in the first half of the year has been quite slow, which undoubtedly increased the pressure on domestically to eliminate backward production capacity in the second half of the year. In order to cope with the work of eliminating backward production capacity in the country, in July, various places have successively canceled the preferential price policy for high-energy-consuming enterprises, and adopted a new differential electricity price policy.
In the second half of the year, the elimination of backward production capacity in the industrial sector will have a major impact on China's coal industry. First, in 18 industrial sectors, it directly or indirectly affects the demand for domestic thermal coal, such as backward production capacity in industries such as cement. Elimination will inevitably directly reduce the market demand for thermal coal, while other industries are basically some high-energy-consuming enterprises. Eliminating such enterprises will reduce the demand for industrial electricity consumption, thus reducing the demand for thermal coal. All in all, the elimination of outdated production capacity in the second half of the year will increase the pressure on domestic coal sales. In addition, the elimination of backward production capacity has also involved a large number of coke enterprises. This is a good news for the coke industry. In the first half of the year, the downturn in the coke industry was directly related to the overcapacity of the coke industry. In addition to eliminating backward production capacity, it can be used for coke. The industry's overall cooperation pavement can also temporarily adjust the production capacity of the coke industry.
Zhang Yulin, research director of China Investment Consulting, pointed out that speeding up the elimination of backward production capacity can change the extensive development mode of high input, high consumption, high pollution and low output in China, and can solve the problem of overcapacity occupying the market share of advanced production capacity and alleviating overcapacity. Contradictions and promote the healthy development of the industry, so that the industrial structure can be optimized, the level of technical equipment and international competitiveness can be improved, and the industry will become stronger and stronger.
According to the “2010-2015 China Coking Industry Investment Analysis and Prospect Forecast Report†issued by China Investment Consulting, the low concentration of production capacity has always plagued the development of the coking industry, and the upgrading of the industrial structure will be based on the industrial concentration. In the past five years, coking enterprises have achieved certain results in mergers and acquisitions, and the coking industry will continue to increase integration efforts in the future. The elimination of backward production capacity in the coking industry is clearing the way for mergers and acquisitions in the coke industry to improve the concentration of the industry.
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