There are still adjustments in the price of weak coal from the demand

In terms of production area, the demand in the lower reaches of Shaanxi and Inner Mongolia region has slightly weakened, and the sales of large and medium-sized coal mines are acceptable. Among them, the bulk coal and low card value electric coal are shipped fast, the coal price is stable, medium and small increases, and many coal mines are not produced and sold well, the inventory is accumulated, and the high coal price is reasonably reduced; the sales of some coal mines in the northern Shanxi region are down, the platform shipment is reduced, and the price is stable. In terms of ports, in recent two days, compared with the earlier period, the downstream inquiry increased slightly, the port transfer out volume increased, the willingness of traders to go to the warehouse was strong, and the spot price declined by 1-2 CNY/ton, but the market wait-and-see mood was still there, and the actual transaction was relatively small. Now, the mainstream price of 5500 kcal power coal is around 575-580 CNY/ton, and the price of 5000 kcal power coal is 505-510 CNY/ton. As of the 16th, the total inventory of the Bohai Sea port has not changed much, including 7.03 million tons in Qinhuangdao port, 10 ships in Anchorage and 45 ships in advance; 9.968 million tons in Caofeidian port, 12 ships in Anchorage and 12 ships in advance; 7.108 million tons in Jingtang Port, 7 ships in Anchorage and 18 ships in advance; the total inventory of the third port is 24106 (- 26) thousand tons. On the downstream side, at this stage, the supply and demand of the middle and lower reaches are weak and sustained, and it is still necessary to dredge the port for several days to remove the inventory, and keep paying attention to the supply and consumption of subsequent power plants and the strict control of imported coal. On July 17, the six major coastal power plants had an inventory of 16.0841 million tons, a daily consumption of 592200 tons and a usable life of 27.15 days. In terms of imported coal, the demand of foreign coal market is good, and the overall price is on the upside. However, the high inventory and downstream demand of southern ports are limited. Recently, the transaction is flat and the price is relatively stable. Now, Indonesia's 3800 kcal FOB price is 34-35 US dollars / ton, Australia's 5500 kcal FOB price is 50.5-51.5 US dollars / ton.