Shanxi Pingyao Fengyan Coal & Coke Group Co., Ltd.          晋ICP84578454号     Powered by  300.cn

Shanxi Pingyao Fengyan Coal & Coke Group Co., Ltd.

ADD:Shanxi Jinzhong away in Fengyan Industrial Park, Xihu Village, Zhongdu Town, Pingyao County, Jingzhong City, Shanxi Province
Group switchboard:0354-5637007
Group General Manager:0354-5637017
Group H.R :0354-5639140
Group Sales Department:0354-5637023   +86 182 3447 7608 

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The coal industry or the "soft landing"

The coal industry or the "soft landing"

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Measures by economic daily industry climate index research center and the national bureau of statistics of China's economic prosperity monitoring center jointly compiled by the classics in the coal industry climate index released on January 17.
 
 
 
Index shows, in the fourth quarter of 2013, integrated by the coal industry climate index was 96.6 points, three consecutive quarter go flat. A booming trend shows that the coal industry situation of economic operation has been stable, or will implement the coal industry 2014 "soft landing".
 
 
From the specific indicators in the fourth quarter of 2013, the coal industry manufacturers ex-factory price total level fell 8.7% year-on-year, drop than narrowed 3.7% in the third quarter. In October, in November, the coal industry manufacturers ex-factory price total level from rose 0.41% and 0.37%, respectively, have changed since March 2013 prices fell.
 
 
Market prices rebound, however, did not bring coal enterprise main business income of pick up. In the fourth quarter, coal enterprises advocate business wu income fell 1.7% year-on-year, and in the last quarter rose 1.2% year-on-year, shows that coal market volume did not increase correspondingly.
 
 
Under the background of coal market price picks up, the preliminary seasonally adjusted, in the fourth quarter, the coal industry profits fell 20.9% year on year, the total decline narrowed 15.6% than last quarter, and return on sales (7.6%) returned to all industrial average return on sales (6.5%).
 
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