In November, the production of industrial raw coal, crude oil, and natural gas above designated size maintained steady growth, and the production of electricity was significantly accelerated.

1. Raw coal, crude oil and natural gas production and related conditions

The production of raw coal has accelerated slightly. In November, the production of raw coal was 350 million tons, a year-on-year increase of 1.5%, and the growth rate was 0.1% faster than last month; the daily output was 11.58 million tons, an increase of 720,000 tons from the previous month. From January to November, 3.48 billion tons of raw coal were produced, a year-on-year increase of 0.4%.

The decline in coal imports has narrowed. In November, 11.67 million tons of coal were imported, a decrease of 2.06 million tons from the previous month, and a year-on-year decrease of 43.8%, and the rate of decline narrowed by 2.5 percentage points. From January to November, 260 million tons of coal were imported, a year-on-year decrease of 10.8%.

The comprehensive transaction price of coal at the port increased. On November 27, the comprehensive trading prices of 5,500, 5,000, and 4,500 calories of thermal coal at Qinhuangdao Port were 586 yuan, 533 yuan, and 474 yuan per ton, respectively, up 11 yuan, 10 yuan, and 10 yuan from October 30. yuan.

The growth rate of crude oil production declined slightly. In November, 15.96 million tons of crude oil was produced, an increase of 1.2% year-on-year, and the growth rate was 0.2 percentage points lower than the previous month; the daily output was 532,000 tons, an increase of 3 million tons from the previous month. 58.35 million tons of crude oil was processed, an increase of 3.2%, 0.6% faster than last month. From January to November, 180 million tons of crude oil was produced, an increase of 1.6% year-on-year; 610 million tons of crude oil was processed, an increase of 3.1%.

The decline in crude oil imports narrowed, and international crude oil prices rose. Imported crude oil was 45.36 million tons, a month-on-month increase of 2.8 million tons, a year-on-year decrease of 0.8%, and the rate of decline narrowed by 5.6 percentage points from the previous month; from January to November, imported crude oil was 500 million tons, a year-on-year increase of 9.5%. On November 30, the spot FOB price of Brent crude oil was US$46.84/barrel, up 28.9% from US$36.33/barrel on October 30.

Natural gas continued to maintain rapid growth. In November, 16.9 billion cubic meters of natural gas was produced, a year-on-year increase of 11.8%, a decrease of 0.1 percentage point from the previous month; the daily output was 560 million cubic meters, an increase of 30 million cubic meters from the previous month. From January to November, 170.2 billion cubic meters of natural gas was produced, a year-on-year increase of 9.3%.

Natural gas imports have changed from increasing to decreasing. In November, 9.18 million tons of natural gas were imported, a year-on-year decrease of 3.0% and an increase of 16.1% last month. From January to November, 90.44 million tons of natural gas were imported, a year-on-year increase of 3.9%.

2. Electricity production

Electricity production has accelerated significantly. In November, power generation was 641.9 billion kWh, a year-on-year increase of 6.8%, and the growth rate was 2.2 percentage points higher than the previous month; the average daily power generation was 21.40 billion kWh, an increase of 1.74 billion kWh month-on-month. From January to November, the power generation was 6682.4 billion kWh, a year-on-year increase of 2.0%.

In terms of varieties, in November, the growth rate of thermal power turned from negative to positive, the growth rate of hydropower, wind power, and solar power declined, and the decline of nuclear power increased slightly. Among them, thermal power increased by 6.6% year-on-year and decreased by 1.5% last month; hydropower increased by 11.3%, a decrease of 14.1 percentage points from the previous month; wind power increased by 5.9%, a decrease of 8.8 percentage points; solar power increased by 5.3%, a decrease of 2.8 percentage points; nuclear power Declined by 0.8%, and the rate of decrease expanded by 0.5%.