It is expected that the market of power coal will be difficult to turn around

This week, the main coal mine production rate is normal, the sales are general, especially the demand of railway departure port has dropped significantly, and the price is mainly reduced. The port is affected by the strong wind and rain weather, the port stock increases, and the price remains weak. In order to ensure the smooth implementation of Daqing in the past 70 years, the State Administration of Coal Mine Safety Supervision will carry out the comprehensive supervision of coal mine safety production from late August to the end of September, which will have a certain impact on coal mine production, but with the normalization of safety supervision, the impact is gradually weakening and the supply rate is stable. With the approaching of summer heat, the high temperature weather will be significantly reduced, and the "peak summer" is coming to an end, and the demand for power plants will be even more depressed. It is expected that the pithead power coal market will be difficult to improve next week, and the price is relatively weak. On the port side of, the high temperature weather in Jianghan, Jiangnan, North and South China and Chongqing supports the coal consumption expectation of power plants, and some cement and chemical requirements are releasing in succession. At the same time, some Changxie coal purchases are unsatisfactory, which will support the coal price. However, high stocks in ports will curb the rise in coal prices. It is expected that the port power coal market will release some demand next week and the price will rise steadily or moderately.