Coal production in China reach historic highs last year

Time:2024-04-02 17:28:23      Source:ChinaDaily.com

Coal production and import volumes in China reached historic highs last year, driven by several factors, such as economic recovery and the rapid development of high-energy-consuming tech industries like computing power, said a trade body on Thursday.

The national raw coal production in 2023 reached 4.71 billion metric tons, representing a year-on-year increase of 3.4 percent. Coal imports soared to 474 million tons, a 61.8 percent increase compared to the previous year. Coal exports also saw a rise, reaching 4.47 million tons, an 11.7 percent increase year-on-year.

Zhang Hong, spokesperson for the China National Coal Association, attributed the growth primarily to the surge in energy demand driven by economic recovery, as well as the rapid development of energy-consuming big data and computing power industries.

Zhang said that in the previous year, there was a notable acceleration in the optimization of the coal industry structure. By the year-end, the number of coal mines nationwide had reduced to around 4,300, with large-scale coal mines producing over 1.2 million tons annually accounting for over 85 percent of the national total, a 5 percentage point increase from 2020.

He said the orderly promotion of clean and efficient utilization of coal has seen significant progress.

Data from the association showed that over 1.03 billion kilowatts of coal-fired power plants have undergone ultra-low emission transformations, leading to a 0.2 percent decrease in coal consumption per kilowatt-hour of thermal power generation.


 

Index RMB/t DoD Basis Date
Datong 5500 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
Index RMB/t WoW WoW% Date
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