production area coal price continues to be lowered, port delivery is still cold

In the near future, the coal market in Inner Mongolia is still biased, the sales situation is general, and there are many price adjustments in the mining area; in terms of the origin, the coal production in Ordos area, Inner Mongolia is normal, but the enthusiasm of the downstream procurement is not high, the surrounding areas purchase coal on demand. At present, the coal mine mainly supplies long-term cooperative coal, coupled with the inverted shipping cost of the port, the demand is low, and the port coal price is accelerating to fall, The enthusiasm of traders in purchasing and shipping is poor, and they always wait and see. Some coal mines have some pressure on their inventory. Now (cv5500) the price including tax at the mine mouth is about 345-355 CNY/ton, and the coal price continues to decline. In terms of ports, the overall market sentiment of northern ports is low, downstream and terminal demand is limited, individual prices are low, actual transactions are rare, and traders' quotations continue to decline. Now (cv5500) closing price is about 555 CNY/ton, and (cv5000) closing price is about 485 CNY/ton. On the downstream side, the daily consumption of six coastal power plants has declined, and the purchase of power plants is mainly based on long-term cooperative coal, which has a very low demand for market coal. However, the coal consumption of the six power plants is better than that of the same period last year, but the current coal market is favorable, and the inventory remains high. As of November 5, the inventory of six coastal power plants is 1666.9 tons, with a daily consumption of 555000 tons, which can be used for 30 days. On the whole, the port trading is cold, the power plant inventory is high, the downstream demand is poor, the production area sales is general, there is some pressure on the rise of coal price, in the short term, the coal market price in Inner Mongolia is still in a weak downward trend.