The year 2016 marks a year of reform for the Chinese coal industry: de-capacity policy and 276 working day production restriction have brought such dramatic changes as plunging production, falling stocks, soaring prices after a 4-year consecutive decline, and higher-than-expected imports.
Such turbulence has deepened people's concern for next year's market trend, especially as approaching the end of the year. Market players and observers both home and abroad are wondering where China's coal industry supply-side reform will head for in 2017? To what extent the reform will impact China's coal supply? Will China's coal prices and import volume remain on the rise?
In order to address these concerns and help both coal suppliers and buyers fully prepared for next year's challenges and opportunities, Fenwei hereby introduces the annual study reports on both thermal and coking coal markets to share expert opinions and predictions with readers, with focus placed on supply-demand balance, cost and price, logistic pattern, import and export, and policy interpretation.
In addition, our existing monthly products as China Coking Coal Market Monthly Report and China Thermal Coal Market Monthly Report will continue to be published at end of each month, but we have made some innovations to their content structure to build up their readability, logicality, authority and predictability.
Our reports, both annual and monthly, will be presented in PPT to demonstrate our analysis and conclusion in a more vivid and concise manner.
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(Writing by Katherine Wu Editing by Harry Huo)
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