Port coal price tends to slow down, import coal policy is still unclear

In terms of origin, the demand in the lower reaches of Yulin area in Shaanxi Province is weak, and the sales in the mining area has not improved significantly, but the coal hauling trucks in some coal mines have increased, and the price has been reduced in a steady way; the production and sales of coal mines in Mengxi area are basically normal, and the coal price has been temporarily stable after falling; the demand for low calorie coal in northern Shanxi Province is good, but the overall land sales are general, and the trade and shipment of market households are rare, and the coal price is mainly stable. In terms of ports, the current port operations are mainly based on long-term cooperative scheduling. The market trading is relatively cold, and the spot price tends to slow down. A small amount of downstream demand for inquiry is single coal of high quality, and the actual transaction is weak. Now, the mainstream price of 5500 kcal power coal is 565-570 CNY/ton, and the price of 5000 kcal power coal is 495-500 CNY/ton.

As of the 28th day, the total inventory around Bohai Sea fluctuated, including 6.48 million tons in Qinhuangdao port, 21 ships in Anchorage and 19 ships in advance; 9.986 million tons in Caofeidian port, 13 ships in Anchorage and 20 ships in advance; 7.048 million tons in Jingtang Port, 14 ships in Anchorage and 12 ships in advance; 2.413 million tons in Huanghua port, 28 ships in Anchorage and 14 ships in advance; the total inventory of the above four ports is 25927 (+ 118000). On the downstream side, the port and power plant inventory is high at this stage, and the market demand is difficult to improve. Continue to pay attention to the change of power plant supply and consumption and related market sentiment in the later stage. On September 29, the six coastal power plants had a total inventory of 16.3732 million tons, a daily consumption of 578800 tons and a usable life of 28.28 days. In terms of imported coal, in view of the good supply and demand side of the foreign mine market and relatively strong quotation, the demand for electric coal in South China is weak, the market activity is low, the domestic trade price is weak and stable, and the situation of external heat and internal cooling remains unchanged. It is reported that at present, Fuzhou and Guangzhou Customs have suspended the customs declaration of imported coal and paid attention to its subsequent actual implementation and impact.