Demand And Supply Analysis And Price Research Of The Coal Market

The article mainly discusses about the supply and demand condition andparticularly the price mechanism on the coal market. The coal products are veryimportant for the economic development as a strategic energy resource. Therefore, toperfect the price mechanism of the coal market and do the price prognosis work in aright way is a very meaningful thing for the cultivation of the healthy coal market andeven for the formation of a healthy energy resource market.This paper firstly analyzes the supply and demand of the coal market, and thenprobe into other factors that have effects on the coal products. Then try to do the priceprognosis work through two econometrical ways, one is the regression way, another isthe time series way.The result shows that the regression way is not ideal for the price prognoses,while the time series model can work to do the prognoses. So in order to make theprice more predictable and more complied with the market rule, it is necessary toreform the present price mechanism on the coal market, and introduce more marketmechanism on the coal market, and make the coal products more conforming to themarket rule.