The average price of power coal in Sichuan Province was 610 CNY/ton

According to the NDRC website, in August, macroeconomic policies were further improved in terms of capacity removal and price stabilization, advanced coal production capacity was released in an orderly manner, industrial structure was gradually adjusted and supply was improved. At the same time, the coal market price in Sichuan Province is generally stable because of the positive coal storage in earlier power plants, the relatively sufficient stock and the strong substitution effect of hydropower and other factors.

In August, the average price of power coal in Sichuan province was 610 yuan per ton, down 5 yuan from last month, 0.82% annually, down 13 yuan from the same period last year, down 2.01% from the same period last year, down 46 yuan from the end of last year, down 6.99%.

Among them, the average price of washed coal is 1260 yuan per ton, the ring-to-ring ratio is flat, up 55 yuan from the same period last year, a slight increase of 4.60%, up 31 yuan from the end of last year, an increase of 2.55%; other coal is 489 yuan per ton, down 3 yuan from the previous month, a decline of 0.63%, up 6 yuan from the same period last year, an increase of 1.36%, a decrease of 24 yuan from the end of last year, a decrease of 4.61%.

At the later stage, with the gradual decline of temperature in various regions, coal demand entered the off-season. At the same time, the sustained output of hydropower and coal market, under the influence of the long-term insurance supply and price-limited procurement, lack of motivation for coal price rise. It is expected that coal market prices in Sichuan Province will not fluctuate much in September.