Energy production in June of 2020
National Bureau of Statistics of China2020-07-17 10:00




In June, raw coal production of industries above designated size decreased slightly, crude oil production increased slightly, natural gas maintained a rapid growth, and electric power production increased rapidly.

 

I. Raw Coal, Crude Oil and Natural Gas Production and Relevant Information

 

Raw coal production decreased slightly. In June, the production of raw coal was 330 million tons, a year-on-year decrease of 1.2 percent, an increase of 1.1 percentage points over the previous month; the average daily output was 11.14 million tons, with an increase of 860 thousand tons on a month on month basis. In the first half of the year, 1.81 billion tons of raw coal were produced, an increase of 0.6 percent year-on-year, and a decrease of 0.5 percent in the first quarter.

 

Coal imports fell. In June, imports of coal were 25.29 million tons, an increase of 3.23 million tons on a month on month basis, a year-on-year decrease of 6.7 percent; in the first half of the year, 174 million tons of coal were imported, a year-on-year increase of 12.7 percent, and a decrease of 15.7 percentage points compared with the first quarter.

 

The comprehensive trading price of port coal continued to rise. On July 3, the coal prices of 5500 kcal, 5000 kcal and 4500 kcal at Qinhuangdao Port were 556, 506 and 450 yuan per ton respectively, which rose by 28, 33 and 28 yuan compared with May 29.

 

 

 

 

Crude oil production increased slightly and processing capacity accelerated. In June, 16.24 million tons of crude oil were produced, with a year-on-year increase of 0.7 percent, and the growth rate was 0.6 percentage point lower than that of the previous month; the crude oil processed was 57.87 million tons, an increase of 9.0 percent, 0.8 percentage points higher than that of the previous month. In the first half of the year, 97.15 million tons of crude oil were produced, with a year-on-year increase of 1.7 percent, 0.7 percentage points slower than that of the first quarter; and 320 million tons of crude oil were processed, with a year-on-year increase of 0.6 percent, and a decrease of 4.6 percent in the first quarter.

 

The import of crude oil increased rapidly, and the price of international crude oil rose sharply. In June, imports of crude oil reached 53.18 million tons, up 34.4 percent year-on-year. In the first half of the year, imports of crude oil totaled 269 million tons, up 9.9 percent year-on-year, 4.9 percentage points faster than the first quarter. The spot FOB price of Brent crude oil on June 30 was 41.64 US dollars per barrel, up 21.9 percent from 34.15 US dollars per barrel on May 29.

 

 

 

 

 

Natural gas production maintained a rapid growth. In June, 15.2 billion cubic meters of natural gas were produced, with a year-on-year increase of 11.3 percent, 1.4 percentage points lower than that of the previous month, and the daily average output was 510 million cubic meters. In the first half of the year, 94 billion cubic meters of natural gas were produced, with a year-on-year increase of 10.3 percent, 1.2 percentage points faster than that in the first quarter.

 

The growth of natural gas import has accelerated significantly. In June, 8.33 million tons of natural gas were imported, with a year-on-year increase of 10.8 percent, 6.6 percentage points faster than that of the previous month. In the first half of the year, 48.36 million tons of natural gas were imported, with a year-on-year increase of 3.3 percent, 1.5 percentage points faster than that of the first quarter.

 

 

 

II. Electric Power Production

 

Electricity production continues to accelerate. In June, the power generation was 630.4 billion kwh, an increase of 6.5 percent year-on-year, 2.2 percentage points faster than that of the previous month; the average daily power generation was 21.01 billion kwh, an increase of 1.87 billion kwh on a month on month basis. In the first half of the year, power generation was 3,364.5 billion kwh, down 1.4 percent year-on-year, 5.4 percentage points lower than that in the first quarter.

 

In terms of varieties, in June, the growth rate of thermal power, solar power and nuclear power decreased, the growth rate of hydropower changed from negative to positive, and wind power grew rapidly. Among them, thermal power increased by 5.4 percent year-on-year, the growth rate decreased by 3.6 percentage points compared with the previous month; solar power generation increased by 5.8 percent, decreased by 1.3 percentage points; nuclear power increased by 13.6 percent, decreased by 0.7 percentage points; hydropower increased by 6.9 percent, decreased by 16.5 percentage points in last month; wind power increased by 15.8 percent, accelerated by 10.6 percentage points.

                                                                                      

 

Annotations:

 

1. Explanatory Notes

 

Average daily product output: It is calculated by dividing the total output of Industrial Enterprises above the designated size announced in that month by the calendar days of that month.

 

2. Statistical Coverage

 

The statistical caliber of the output data in the report is above the designated size of industry, and the statistical scope is industrial enterprises with annual main business income of more than 20 million yuan.

 

Because the scope of Industrial Enterprises above the designated size changes every year, in order to ensure that this year's data is comparable with the previous year's, the same period used to calculate the growth rate of various indicators such as product output is consistent with the statistical scope of enterprises in this period, and there is a caliber difference between the data released last year.

 

3. Data Source

 

Import data comes from the General Administration of Customs, of which January and February data are express data; coal price data comes from China Coal Market Network; crude oil price data comes from the United States Energy Information Agency (EIA).

 

4. Conversion relationship of natural gas units: 1 ton is equal to 1380 cubic meters.

 

Annex
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