In January-February, the growth rate of raw coal production in above-scale industries rebounded, the decline in crude oil production narrowed, natural gas production continued to grow, and electricity production accelerated significantly.
First, raw coal production and imports picked up, prices are basically stable
In January-February, driven by the acceleration of production in the power and building materials industries, the demand for raw coal increased significantly, and both raw coal production and import growth rebounded. The raw coal price was basically stable.
In January-February, raw coal production was 520 million tons, an increase of 5.7% over the same period of last year, and a decrease of 1.7% over the same period of last year; the average daily production was 8.751 million tons.
In January and February, imports of coal were 2781 and 20,911,000 tons, respectively, an increase of 11.5% and 18.2%.
As of the end of February, the Qinhuangdao 5500 kcal coal closing price was 613 yuan per ton, down 4 yuan from the end of last year; 5000 kcal was 593 yuan per ton, down 4 yuan; 4500 kcal was 535 yuan per ton, up 8 yuan, coal Prices remain stable.
Second, the decline in crude oil production has narrowed, and imports and crude oil processing have grown faster
In January-February, the output of crude oil was 30.37 million tons, a year-on-year decrease of 1.9%, a decrease of 6.1 percentage points from the same period of last year; the average daily output was 515,000 tons.
Crude oil imports maintained rapid growth. In January and February, crude oil imports were 4,064 and 3,260,000 tons, respectively, an increase of 19.6% and 1.5% year-on-year.
Crude oil prices fluctuated slightly. In January-February, Brent crude spot FOB prices oscillated slightly between US$60-70/barrel. As of February 28, the price was US$66.1/barrel, which was US$0.7/less than the end of December last year. barrel.
With the start of some crude oil processing enterprises that stopped production and maintenance, the crude oil processing volume resumed rapid growth. In January-February, crude oil processing volume reached 93.4 million tons, an increase of 7.3% year-on-year, an acceleration of 3.0 percentage points over the same period of last year; The volume of gasoline, kerosene and diesel increased by 6.4%, 8.8% and 2.4% respectively.
Third, natural gas production and imports continue to grow
In January-February, natural gas production was 26.19 billion cubic meters, a year-on-year increase of 4.9%, and the growth rate was 4.9 percentage points higher than the same period of last year; the average daily production was 440 million cubic meters.
Natural gas imports increased significantly. In January and February, imports of natural gas totaled 7.77 million tons and 6.94 million tons, respectively, an increase of 33.5% and 41.0% year-on-year. Since last October, it has grown rapidly for five consecutive months.
Fourth, electricity production has accelerated significantly
In January-February, due to low temperatures (1.4°C and 1.9°C lower in January and February respectively than in the same period of last year), the electricity demand was relatively high, and the electricity generation amounted to 1,045.45 billion kWh, an increase of 11.0% over the same period of last year. Compared with the same period last year, the speed ratio was 4.7 percentage points higher than the rate of increase since August 2013.
According to the type of power generation, in January-February, thermal power, which accounted for 77% of total power generation, increased by 9.8% year-on-year, which was 2.8 percentage points faster than the same period of last year; hydropower increased by 5.9%, which was a decrease of 4.7% in the same period of last year; nuclear power increased by 17.9%. Accelerated by 5.5 percentage points over the same period of last year; Wind power, solar power generation maintained a high-speed growth trend, an increase of 34.7%, respectively, 36.0%.
Notes
1. Explanation of indicators
Raw coal: Refers to raw coal produced in coal mines that has passed inspection and acceptance of quality standards. That is: Raw coal with the specified particle size of vermiculite (including pyrite, etc.) and absolute dry ash below 40% is selected from the raw coal. Absolute dry ash Although more than 40%, but approved by the relevant authorities for mining, and with the demand for low-quality coal, should also be included in the raw coal production. Raw coal is divided into anthracite, bituminous coal, brown coal, bituminous coal is divided into two types of coking coal and bituminous coal in general Raw coal does not include stone coal, peat (peat), and coal gangue produced with the raw coal production process.
Average daily product output: Calculated by dividing the total output of industrial enterprises above designated size that was announced in the month by the calendar days of the month.
As the scope of industrial enterprises above designated size changes every year, in order to ensure that this year's data is comparable to the previous year, the same period of time used for calculating the year-on-year growth rate of various indicators of product output is consistent with the scope of enterprise statistics for the current period, and it was announced in the previous year. There are differences in the data.
2. Scope of statistics
The statistical data of production statistics in the report are all industrial enterprises above designated size, and their statistical scope is industrial enterprises with an annual main business income of over 20 million yuan.
3. Survey method
The import data comes from the General Administration of Customs; the coal price data comes from the Chinese coal market network; the crude oil price data comes from the US Energy Information Administration (EIA); the temperature data comes from the National Weather Service.
4. Natural gas unit conversion relationship: 1 ton is approximately equal to 1380 cubic meters.