Weak demand for mine mouth port coal price continues to decline

In the near future, the overall demand of Inner Mongolia coal market is weak, and the sales situation is relatively poor; in terms of the origin, based on the weak demand for downstream terminal coal, the coal price in the mining area of Ordos, Inner Mongolia, has declined, traders are less active in purchasing from the origin, coal hauling vehicles are reduced, some coal mines have a certain backlog of inventory, and the sales situation has not improved after the price reduction, so the mining party has made a forecast for the future market. In terms of ports, the demand for ports in the North continued to be depressed, coal prices kept falling, and downstream inquiry and inquiry were low. After the continuous decline of market coal prices, the suppliers had some conflicts with the low price sales. Except for the normal shipment of Changxie coal, there were few market transactions. Now (cv5500) mainstream price is about 571-575 CNY/ton, and (cv5000) mainstream price is about 505 CNY/ton. In terms of the downstream, six coastal power plants The inventory is relatively abundant, and the replenishment is still dominated by long-term cooperative coal. In addition, the upstream port inventory is accumulated, and the market supply is loose, while the daily consumption of the power plant is stable, and the centralized procurement is low. As of October 22, the inventory of six coastal power plants is 16.0549 million tons, with daily consumption of 585500 tons and 27 days available. On the whole, at present, the inventory of each link in the lower reaches is relatively high, the demand release is less, and the demand for civilian use in the production area and surrounding areas has not increased. In the short term, the coal market in Inner Mongolia continues to operate stably, moderately and weakly.