• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Investment Report of China Coal Industry, 2000-2008

Posted on: Thursday, 24 July 2008, 06:00 CDT

Research and Markets (http://www.researchandmarkets.com/research/902e09/investment_report) has announced the addition of the "Investment Report of China Coal Industry, 2000-2008" report to their offering.

China with rich coal resources ranks the first in the world in terms of coal reserves. In 2007, China's coal output and sales grew about 9% to 10%, and the profit growth rate of China's coal companies hit around 35% against the previous year. The industry prosperity was further enhanced.

Thanks to coal price surges in 2008, China's coal industry has also made big gains. Generally speaking, China has a relatively tight supply of coal, so coal prices have made record highs repeatedly. Furnace coal prices rise faster than those of steam coal and anthracite. By the end of May 2008, the price of Qinhuangdao gifted mixed steam coal has jumped more than 60% against the same period last year. The prices of coking coal have even more than doubled in some areas, including Taiyuan, capital of Shanxi Province, and Tangshan, a city in Hebei province. According to the statistics from Jan. to Feb., 2008, the main business revenue and profit of China coal industry saw a fast increase, rising 40.8% and 66.8% respectively. China's coal industry is bound to have big gains in 2008. Good performance of coal industry in the first half year of 2008 shows that demand in downstream industries is still robust and transportation bottleneck continues to restrict the effective expansion of production capacity.

This report analyzes all investment projects financed by 27 coal listed companies, for example, Henan Shenhuo Group Co., Ltd.

Note: We can update the data in the report to the most recent quarter, when the report is purchased.

Key Topics Covered:

1. Investment Direction of China Coal Industry 2. Investment Direction of Listed Coking Companies 3. Investment Direction of Listed Coal Companies

Companies Mentioned:

-Shanxi Coking Co., Ltd. -Shanxi Antai Group Co., Ltd. -Shanxi Jinmei Energy Co., Ltd. -Sichuan Shengda Group Co., Ltd. -Henan Shenhuo Group Co., Ltd. -Hebei Jinniu Energy Resources Co., Ltd. -Xishan Coal Electricity Group Co., Ltd. -Zhengzhou Coal & Electric Co., Ltd. -Gansu Jingyuan Coal Electricity Co., Ltd. -Yanzhou Coal Mining Co., Ltd. -Shanxi Guoyang New Energy Co., Ltd. -Taiyuan Coal Gasification Co., Ltd. -Shanghai Datun Energy Co., Ltd. -Hengyuan Coal & Electricity Co., Ltd. -Shanxi Lanhua Sci-Tech Venture Co., Ltd. -Datong Coal Mine Group Co., Ltd. -Pingdingshan Tianan Coal Industry Co., Ltd. -Guizhou Panjiang Clean Coal Co., Ltd. -ST Pingneng Co., Ltd. -Anyuan Co., Ltd. -Kaiyuan Clean Coal Co., Ltd. -China Shenhua Energy Co., Ltd. -Lu'an Environmental Energy Co., Ltd. -Guotou Xinji Energy Co., Ltd. -China National Coal Corp. -Xinjiang International Industry Co., Ltd.

For more information visit http://www.researchandmarkets.com/research/902e09/investment_report

Source: Business Wire

More News in this Category