2001-2011 is a golden decade of coal industry, however, because of the economic decline and the pour of foreign coal as well as the influence of coal production release, the golden decade of coal industry encounter a turning point since 2012. In 2012 China's coal production kept steady growth, net imports continue to increase substantially, and supply capacity constantly reinforce. But due to a lack of demand, the supply and demand of coal market from primary balance in the beginning of the year to overall easy, furthermore, coal stockpiles constantly climbing yet coal price falling.
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