"SMM South China Annual meeting opens 2022 Global economy, fundamentals of Copper, Aluminum and Zinc and in-depth Analysis of Price trend
Recently, the Bureau of Statistics of Xinjiang Uygur Autonomous region released the region's energy production and consumption in the first three quarters of 2021, showing that most of Xinjiang's energy products increased from January to September.
Among the 57 kinds of energy product output, the output of 45 kinds of products increased year on year, with an increase of 78.9%, an increase of 1.7 percentage points over January-August and 3.5 percentage points over the first half of the year.
From January to September, Xinjiang generated 342.435 billion kilowatt-hours of electricity, an increase of 15.8 percent over the same period last year, down 2.4 percent from the first half of the year. Of this total, thermal power generation increased by 17.2%, and clean energy such as water, wind and light increased by 10.4%, an increase of 1.0 and 7.4 percentage points respectively over the same period last year.
Due to the increase in market demand, the continuous high price of raw coal, the decrease of inventory and the increase of raw coal output month by month. From January to September, Xinjiang's raw coal output was 213.54 million tons, an increase of 9.4 percent over the same period last year, 1.2 percentage points higher than January-August and 4.4 percent higher than the first half of the year. Raw coal sales increased by 10.4 percent, and inventory decreased by 30.5 percent compared with the beginning of the year.
Due to the high growth of steel production and strong demand this year, the growth rate of coke has maintained double-digit growth. From January to September, Xinjiang's coke output was 19.0984 million tons, an increase of 19.1 percent over the same period last year, an increase of 8.3 percent over the same period last year, and an increase of 2.0 percent over the first half of the year.
From January to September, Xinjiang's crude oil output was 22.445 million tons, up 1.5 percent from the same period last year, 0.4 percent higher than January-August and 0.2 percent higher than the first half of the year; natural gas was 28.859 billion cubic meters, up 6.4 percent, up 0.4 percent over the first half of the year. The processing volume of crude oil was 18.8139 million tons, an increase of 5.2 percent, or 0.1 percent higher than that from January to August. Among the major petroleum products, gasoline increased by 16.1% and diesel oil decreased by 3.6%.
