长期看,国内外市场煤价倾向于达到一种动态平衡,类似上半年由价差驱动引发的大量进口状况难得出现据海关统计,今年上半年我国共进口煤炭4826.9万吨,较去年同期增长130%,其中进口用于发电的动力煤1203.9万吨,同比增长113.8%。电煤进口激增的主要驱动因素是 In the long run, coal prices in domestic and overseas markets tend to reach a kind of dynamic equilibrium, similar to the rare situation that a large number of imports driven by spreads in the first half of the year are rare. According to customs statistics, in the first half of this year, China imported 48,269 tons of coal, an increase of 130% , Of which 12,039,000 tons of thermal coal were imported for power generation, an increase of 113.8% over the same period of last year. The main driver of the surge in coal imports is