China's Coal Demand Analysis And Price Forecasts

As an important strategic resource, coal plays an indispensable role for our economy and development. Also it is important in maintaining the balance between coal supply and coal demand. To improve the mechanism for the formation of coal prices and to make coal prices to adjust the coal supply and coal demand, it is necessary to know the rule of the demand for the coal.This paper mainly discussed China's coal market demand conditions, the factors which affect the price of coal price, as well as the forecast for the coal in the short term.This article begins with the factors affecting China's coal demand, then the article gives a detailed description for the four mainly industries which need most coal in market, following this part, the co-integration model is constructed to analyze the quantitative equation for the coal demand. After discussing the demand for the coal, the factors impacting the price are discussed, and then, through the creation of time series models, the article tells us some conclusions for the price.Research and study in this paper are just ideas and only to provide a method for the study of the coal. Because of time constraints and the limits of knowledge in this field, the article does not do in-depth excavations; therefore the conclusions of this paper are only a reference. Also this is a limited factor in the article.