2001~2011年被视为煤炭行业的黄金十年，然而进入2012年，受经济走低以及煤炭自身产能释放和外煤不断涌入的影响，煤炭行业黄金十年遭遇了拐点。受经济周期影响，2012年中国煤炭生产保持平稳增长，净进口量继续大幅增加，供给能力不断增强，但因需求不旺，市场供需形势由年初的基本平衡转向总体宽松，与此同时，煤炭库存不断攀升，价格则持续走低。
2001-2011 is a golden decade of coal industry, however, because of the economic decline and the pour of foreign coal as well as the influence of coal production release, the golden decade of coal industry encounter a turning point since 2012. In 2012 China's coal production kept steady growth, net imports continue to increase substantially, and supply capacity constantly reinforce. But due to a lack of demand, the supply and demand of coal market from primary balance in the beginning of the year to overall easy, furthermore, coal stockpiles constantly climbing yet coal price falling.
