China Thermal Coal Markets Short Term Briefing
- 04-03-2015 19:30 - 21:00
- Swanport Café, Beijing
With stringent environmental policies and weak economic conditions, cracks are appearing in Chinese thermal coal markets. Chinese government released a slew of direct interventions in 2014 - after quality restrictions and import tariffs failed to deliver – in curbing coal imports to help domestic miners. However, owing to a lack of real demand growth in 2014, the oversupply situation worsened and domestic coal prices fell to multi-year lows. As a result, domestic coal producers are struggling to survive. We estimate the thermal market remains several years away from rebalancing.
More information about China's GDP and energy demand decoupling: temporary or structural?
About the Speaker
Li Rong is a consultant at Wood Mackenzie Beijing. She is responsible for the analysis of China and Northeast Asia thermal coal market. Before joining Wood Mackenzie Beijing, Li Rong had worked for six years at Banpu China as a senior analyst for power and coal investment. Li Rong holds a bachelor degree from IFAM and a MBA degree from ESG Paris.
30 RMB at the door, which will provide you with tea and snacks.
Alcoholic beverages are a la carte. There will be a drawing each even for a free drink voucher if you submit your information at the door!
About BEN & BEER
The Beijing Energy Network (BEN) is a grassroots organization with a mission of promoting knowledge sharing, networking, and collaboration in understanding and tackling China’s energy and environmental challenges among individuals and organizations from diverse sectors such as government, finance, industry, media, advocacy, think tanks and academia. The flagship activity of BEN is the Beijing Energy& Environmental Roundtable (BEER), an approximately twice-monthly happy hour/speaker series. BEER events are free or low cost and open to all with no RSVP necessary. Please note, we ask that our speaker's remarks remain off the record unless they otherwise grant permission.
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