1. Friday May 25, 2018
      Home > News > Economy
      Text:| Print|

      Coal faces toughest period

      2013-03-07 22:09 chinadaily.com.cn     Web Editor: Wang Fan comment

      It is going to be an extremely tough year for coal traders in 2013, but electric power enterprises will receive their highest profits in 11 years.

      "The price of coal is expected to be lowered bringing fewer profits this year," said Yang Bang, a coal trader who focused mainly on the export industry.

      According to statistics released by the China Coal Industry Association, the profit margin of coal enterprises dropped dramatically although the output increased by about 4 percent in 2012. The operation cost of large coal enterprises increased by over 25 percent and the profits dropped by over 23 percent.

      "Global inflation will increase the costs of production, transport and labor, which will minimize the profits," said Yang.

      However, electric power enterprises are making large amounts of money while the value of coal is lowered.

      "The price of 5,500 kilocalorie coal based electricity in Qinhuangdao port was 860 yuan per ton in October 2011 while the current price is about 620 yuan per ton. The profits became even higher after the electricity price was raised two times since 2011," said Huang Teng, a coal expert.

      As the figures by China Economic Information Network showed, the total profits earned by the five top electric power groups were estimated to be 46 billion yuan for 2012, reaching their peak in the past decade with an increase rate of 154 percent.

      The electric power industry topped 41 types of industries, with an increase rate of 69.1 percent in 2012 according to an annual report on industrial enterprises from the National Bureau of Statistics.

      The statistics also showed the sales revenue of the electric power industry for 2012 exceeded 5 trillion yuan with an annual increase of over 10 percent. The total profit was 247 billion yuan, 69 percent higher than the previous year.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 久久久久亚洲av毛片大| 成人免费毛片内射美女APP| 亚洲人成片在线观看| 免费少妇a级毛片| 成年人免费的视频| 中文字幕免费播放| 美女被免费网站视频在线| 中文字幕亚洲精品| 亚洲av日韩av高潮潮喷无码| 国产免费卡一卡三卡乱码| 最近免费中文在线视频| 久久大香香蕉国产免费网站| 免费激情网站国产高清第一页| 学生妹亚洲一区二区| 亚洲国产精品久久网午夜| 中文字幕亚洲综合精品一区| 久久影院亚洲一区| 亚洲精品网站在线观看不卡无广告| 成人人免费夜夜视频观看| 人妻视频一区二区三区免费| 可以免费看的卡一卡二| 91成人免费观看网站| 女人被男人躁的女爽免费视频| 在线看免费观看AV深夜影院| 91免费精品国自产拍在线不卡| 88xx成人永久免费观看| 男女超爽刺激视频免费播放| 免费看成人AA片无码视频羞羞网| 免费国产黄线在线观看| 成人无遮挡毛片免费看| 亚洲成人一区二区| 亚洲国产二区三区久久| 天堂亚洲国产中文在线| 精品在线免费视频| 青青草无码免费一二三区| 中国在线观看免费高清完整版| 日日操夜夜操免费视频| 亚洲av无码专区国产乱码在线观看| 久久亚洲精品成人av无码网站| 亚洲日韩国产一区二区三区在线| 日本系列1页亚洲系列|