Poor willingness to receive goods from power plants remains pessimistic

On the production area, the overall queuing vehicles in Shenmu area of Yulin have increased, some mines have slightly increased the coal price by 5-12 CNY/ton, and some mines in Fugu area have lowered the coal price by 10-15 CNY/ton today because of no obvious improvement in sales. Highway sales in Ordos are still poor, but frequent rainfall has a greater impact on the production activities of open pit mines in the region. Coal prices have been adjusted steadily, and some mines have begun to raise coal prices, ranging from 5-20 CNY/ton. On the port side, the recent rainfall has resulted in the blockage of transport corridors and the impact of railway transportation. Yesterday, the Daqin Railway had less than 900,000 tons of traffic, which led to the decrease of some ports'inward volume. Port market is still pessimistic, traders are active in shipment, quotation continues to decline, and the mainstream quotation of CV5500 is around 590 yuan. However, at present, downstream power plants are mainly consuming inventory, with poor willingness to receive goods and poor turnover, leading to a significant decline in the transfer volume of some ports. On the import of coal, according to market information, Guangzhou Port and Taiyuan Customs no longer accept customs declarations from other places, and the import policy of coal tends to be more stringent, coupled with recent exchange rate fluctuations, market wait-and-see sentiment spreads. In the 30th week, the number of coal shipped to China by Newcastle Port was 730,000 tons, which was nearly 400,000 tons less than that by the circumferential ratio. In Indonesia, 620,000 tons of coal were shipped by the sample port, which was nearly 500,000 tons less than that by the circumferential ratio.