Coastal coal market will be better in the second half of the year?

Since this year, the national economy has maintained an overall stable and stable development trend, with stable production demand, supply and demand structure and continuous improvement of enterprise efficiency. Despite the impact of trade war and dual energy control, the coal consumption of power plants in southern China has declined; however, the state has accelerated the approval of major projects and implemented the policy of steady growth. In the first half of this year, the coal production and coal shipment volume of Railways and ports in the whole country have maintained a slight growth trend. The coal market demand in coastal areas of China continues to be optimistic and electricity consumption continues to increase. With the slight increase of imported coal, the pull volume of coal around the Bohai estuary in eastern and southern China maintained a slight increase compared with the same period last year. On the upstream side , with the accelerated release of advanced coal production capacity, coal-producing enterprises actively organize production, and coal output and export volume keep increasing trend. In terms of transport links, Qinhuangdao, Huanghua Port and Jingtang Port are still the main coal ports, and their strong transport capacity and high efficiency advantages are fully brought into play; while the newly commissioned Caofeidian Huadian Power Coal Terminal is undergoing a trial run and is expected to be put into production formally in September, and the throughput of Caofeidian, Huaneng Caofeidian Port and Coal Phase II has not yet reached. Full load operation, this year's throughput still has room to rise.

The main Coal-transporting railways continue to play an important role. This year, the Daqin Railway will achieve a target of 455 million tons, an increase of 5 million tons over last year. The Taiyuan Railway Bureau will give full play to the transportation advantages formed by 1620,000 tons and 44 10,000 tons of loading points to increase coal transportation. On May 21 this year, the capacity expansion and transformation project of the Mengji Railway Line was officially completed, and the transportation capacity increased from 50 million tons per year to 150 million tons per year. According to the plan, this year's traffic volume will reach 100 million tons, an increase of 46 million tons. The "Three West" and Ningxia's main high-quality resources are concentrated on launching into the 10 major ports around the Bohai Sea. In addition, the rapid recovery of electricity demand in the South has helped the coastal coal market to maintain a three-high supply and demand situation. In the first half of the year, the 10 major coal ports around the Bohai Sea (including Caofeidian Port of Huadian Power) totaled 360 million tons of coal, an increase of about 9 million tons over the same period last year. Looking ahead to the coal transportation market in the second half of the year, with the arrival of the two peaks of coal use, i.e., summer and winter storage, and the gradual recovery of industrial electricity consumption, the demand for coal should be better than that in the first half of the year. In the second half of the year, the demand of coal market is booming, the coal trade around the Bohai Sea port is more active, and the port transshipment is more busy.

With the accelerated release of advanced coal production capacity and the increase of railway transportation, downstream demand continues to improve, and the external environment of the port tends to be better. The 10 ports around Bohai Sea improve the efficiency of coal transportation and speed up the turnover of goods through tapping potential and increasing efficiency and scientific dispatching command. In the case of limited import coal increment, the increase of coal throughput in China's ports around the Bohai Sea will reach 20 million tons this year.