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2020, continue to export 2 million tons more coal

Tuesday, November 19, 2019


According to the report of Vietnam Mineral Coal Group (TKV), in 2019 TKV is allowed to export 2 million tons of coal. But the estimated export volume of coal in 2019 is about 1.2 million tons (equal to 59% of the plan).

The Northeast Corporation is allowed to export 50,000 tons, but is expected to sell only 10 thousand tons.

2020, tiếp tục xuất khẩu thêm 2 triệu tấn than

Remarkably, this is the 3rd consecutive year of exporting not all coal permitted by Ministry of Industry and Trade. In 2017 and 2018, the coal export volume was also lower than the plan set by the Chinese side.

According to these units, the main cause of the coal export in 2019 is lower than planned because the traditional coal export market of TKV and the Northeast Corporation is mainly Japan, South Korea and some European countries with high requirements for coal quality and delivery schedule.

At the beginning of 2019, the world coal price is high, Vietnam's coal export is attractive to foreign users. However, until May 2019 after the coal export plan was approved, TKV and the Northeastern Corporation had the basis to organize coal export so traditional partners (especially Japan). sought alternative coal sources and signed coal trading contracts in 2019 with other suppliers.

"This is also the time when the world coal price tends to decrease, so it is difficult to find new partners," TKV said.

Although coal exports in 2019 did not reach the plan, the two units mentioned above continue to request to export more than 2 million tons of coal by 2020.


Although coal exports in 2019 did not reach the plan, the two units mentioned above continue to request to export more than 2 million tons of coal by 2020. According to the report of TKV, Dong Bac Corporation, these 2 units have reviewed and built coal production and consumption plans in 2020 on the principle of ensuring maximum supply of coal for domestic demand, giving priority to electricity generation and exporting coal only, which the country has no need to use or does not use up.

In a written opinion of ministries, the Ministry of Industry and Trade expressed his agreement with the coal export plan in 2020 of Vietnam Coal and Mineral Group (TKV) and the Northeast Corporation.


According to the Ministry of Industry and Trade, in 2020, TKV and Dong Bac Corporation will step up the import of suitable and competitive coal types (estimated volume of imported coal of both units in 2020 is about 15 million tons). ) about mixing (mix of imported coal, between imported coal and domestically produced coal) to be assorted coal to meet domestic demand, especially for electricity production, ensuring security effect.

Ministry of Industry and Trade analyzed: According to the forecast of the world coal market (Global Coal, Platt ...), the good coal export price as of 2020 is about 3.2-3.3 million VND / ton.

Ministry of Industry and Trade calculates: If exported, the economic value is higher (about 45,000 - 215,000 VND / ton) than coal consumption in the domestic market, bringing higher economic efficiency for the industry. charcoal.

Will the export of coal affect the supply of coal to power plants when many domestic plants "complain" of shortage of coal?

The Ministry of Industry and Trade said that the volume of coal proposed for export is only equivalent to the coal demand of a power plant with a capacity of about 600 MW and accounts for a very small proportion (about 1.4%) of the total expected. electricity capacity will be mobilized nationwide in 2020 (about 41,828 MW).

"Therefore, the export will not greatly affect the electricity supply plan and operate the electricity system in 2020, which is being considered and approved by the Ministry of Industry and Trade," said the Ministry of Industry and Trade.