Cycle of publication: Annual
Date of completion: Dec, 2020
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In 2020, the COVID-19 pandemic severely hits the global economy. Despite the rapid recovery of China's coal market, the volatility of coal prices intensifies and uncertainties increase. In September 2020, China has pledged to resolutely abide by the "Paris Agreement", striving to peak carbon dioxide emissions by 2030 and achieve carbon neutral by 2060. The proportion of coal in China's energy consumption mix will continue to decline in the future. The "14th Five-Year Plan" (2021-2025) is a critical period for China to advance carbon emission reduction, lift the proportion of renewable energy and promote the transformation and upgrading of the economic structure as well as coal miners. Coal production is facing a more complicated environment, highlighting the importance of coal cost study.
As approaching the end of 2020, Fenwei is timely releasing “2020 China Coal Cost Study and 2021-2025 Forecast” based on its own mine cost database and extensive field investigations, to analyze main cost influencing factors and forecast the change in 2021-2025, helping our customers get to know the full-process coal cost in terms of extraction, preparation & washing, transportation to ports and cost changing trend.
1 2020 China Coal Cost Analysis
1.1 Cost influencing factors in main producing areasHot-sale Products