In the second half of the year, coal oil prices are still rising

Recently, experts and scholars attending the “First Half of 2005 Price Situation and Seminar Seminar in the Second Half of the Year” jointly held by the Price Monitoring Center of the National Development and Reform Commission and the China Price Association jointly conducted the status and development of industries such as coal, grain, iron and steel, and petroleum. Trends have made assessments and forecasts and believe that prices will rise in these four major industries.

For the second half of the coal market price trend, experts believe that, in addition to market demand factors, but also pay attention to the state issued a coal market related policies, such as coal-fired linkage policy, increase resource taxes and coal safety production costs standards, The collection of coal price adjustment funds, etc. These measures will increase the cost of production of coal companies, which will increase the price of coal.

For this year's oil supply and demand situation, industry experts believe that from the perspective of oil supply, OPEC’s current production capacity has reached 30 million barrels per day, which has exceeded the quota output and it is difficult to increase production in the future. In non-OPEC regions, oil production in mature oil producing areas is declining, and only oil production in the former Soviet Union, West Africa and South America is increasing. From the perspective of oil demand, the expected increase in global demand in 2005 is 2.1 million barrels per day. If time and climate factors are taken into consideration, it is expected that the global oil market will be in short supply in the first and fourth quarters, while the second and third quarters will be slightly larger than demand. the trend of.

For the second half of the oil market price trends, experts pointed out that due to the instability of global crude oil supply, OPEC's limited production capacity, severe supply and demand situation, coupled with the impact of the US dollar exchange rate and speculative funds, it is expected that the fourth quarter crude oil, especially heating oil prices It will continue to rise and reach new heights. The average annual price of WTI crude oil is about 52 US dollars, which is 11 US dollars higher than that of 2004; the average price of Brent crude oil is about 50 US dollars, which is 12 dollars higher than that of 2004.

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