Wang Siqiang, deputy director of the Comprehensive Department of the National Energy Administration, said that overall, the national energy situation in the first quarter continued the trend of continuous development since last year. Energy demand grew rapidly and prices stabilized.
Wang Siqiang said that in the first quarter, the national coal railway volume was 553.19 million tons, an increase of 12.6% year-on-year; the major ports completed a total of 156.27 million tons of coal shipments, an increase of 30.5%. At the end of March, the coal inventory of the seven ports in the north was 16.2 million tons, including 7.34 million tons of Qinhuangdao port, which increased by 1.64 million tons and 390,000 tons respectively from the beginning of the year. In March, the state coal emergency reserve plan was approved by the State Council. Eight port enterprises, including 10 large coal and electric power enterprises and Qinhuangdao Port, will launch the first batch of coal reserve pilots, with plans to store about 5 million tons of coal.
Wang Siqiang said that coal demand in the major coal-consuming industries has been strong recently. Since the beginning of this year, the output of major coal-consuming industries has increased, which has boosted national coal consumption, especially at the beginning of the year, and the demand for coal has increased significantly. In the first quarter, the national crude steel and cement production increased by 8.7% and 18.1% respectively, and the thermal power increased by 10.6%. The national key power generation enterprises consumed 32.247 million tons of coal, up 9.9% year-on-year and 3.7% quarter-on-quarter. At the end of March, the coal inventory of key power generation enterprises was about 50.71 million tons, down 6.5% from the beginning of the year; the available days were 13 days, which was 3 days less than the end of February and 2 days less than the beginning of the year.
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