本文从市场需求、供给、投资、贸易、并购等方面对当前世界煤炭市场的基本特点和发展趋势进行了分析。分析认为，2014年全球煤炭消费增速继续放缓，煤炭下游行业需求低迷；世界煤炭总产量趋于平稳，增速减缓，国际煤价持续走低；煤炭投资总体增速呈下行趋势；主要产煤国出口贸易呈上升趋势，主要煤炭消费国扩大煤炭进口规模；全球煤炭企业海外并购步伐放缓。2015年，世界煤炭需求将逐步回落；投资增速减慢；煤炭贸易保持稳定，澳大利亚将成为煤炭出口增长最快的国家；煤炭资源海外争夺将趋于谨慎。
The paper analyzed those basic features and development tendencies about the current world coal market from its demand，supply，investment，trade mergers and acquisitions and some other aspects. This paper also argued that the rate of worldwide coal consumption growth continued to slow down in 2014，and demand of the lower reaches of coal industry was at rock bottom. The world’s total coal production starts to level out，and international coal price is low. Coal investment presents a downward trend. However，the main coal-producing countries export trade is on the rise，and that the main coal consuming nations expand the scale of coal imports. In addition，developing countries slow down the pace of coal overseas M&A. In 2015，worldwide coal demand would gradually cut down. Besides，coal trade keeps steady. Australia will be the world’s fastest coal export country. The coal resources would have more intense international competition.
