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Home > News > Valuable News > Pithead coal price is still under pressure port coal price rising slowly

Pithead coal price is still under pressure port coal price rising slowly

ECHEMI 2019-08-12

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In recent years, the coal market in Inner Mongolia has been in a weak position; in the production area, due to the relatively loose supply situation downstream, the active purchasing of traders is not high, and the shipment situation in the mining area is general, but the price of better quality calorific value coal has increased slightly, while in other mining areas, the coal clock has been negatively affected by market purchasing, and the price of coal has declined steadily. In terms of transportation, after the stoppage of rainfall in Ordos area, the land sales of highway increased, but the haulage vehicle was general, and the inverted hanging of the shipping port continued, which made the transportation price to the port keep low, the purchase demand to inland power plants remained, and the transportation price remained stable as a whole. The route has been increased by 3-5 CNY/ton. Short-term and backward transportation is strictly controlled, and the main way to the platform is the Changxie. There is no new demand for transportation rising. The freight price remains relatively stable and fluctuates slightly. On the port side, the activity of coal market is low, the demand for spot purchasing is weak in the downstream, and the pressure price is obvious. In view of the high daily consumption of downstream power plants, some trade is of high quality. Low sulphur coal has more ten-day goods, the quotation is relatively strong and floating 1-2 CNY/ton, the overall market price increase is not high enthusiasm. At present, the mainstream quotation of power end coal (CV5500) is about 595 CNY/ton, (CV5000) the mainstream quotation is 515-520 CNY/ton; downstream, the daily consumption of power plants continues to increase significantly in recent high temperature weather, and the stock of power plants declines, but downstream. The inventory of You Power Plant fully meets the current high temperature consumption, and the demand for coal procurement in the market is not active. As of August 1, the coal storage capacity of the six major power groups'key power plants is 17.479 million tons, which consumes 806,000 tons per day, and the stock can be used for 22 days. Generally speaking, the recent power plant has improved significantly compared with the earlier period, but the procurement is not active, the high inventory state suppresses the pulling, the port market inquiries are general, the transaction is limited, the overall market enthusiasm is not high, the demand is low, so in the short term, the power of coal price rise in Inner Mongolia power coal market is insufficient, there is still some pressure.

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