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Home > News > Valuable News > It is expected that the coal price at the mine mouth will remain relatively weak

It is expected that the coal price at the mine mouth will remain relatively weak

ECHEMI 2019-11-22

chemical-production

This week, the effect of price reduction and promotion of coal mines in the main production area is reflected. Some coal mine sales have slightly improved, but the overall price is still weak. The port inventory continued to decline slightly, traders' strong price sentiment rose again, and the price stopped falling and stabilized. In terms of production area, safety supervision and environmental protection in some production areas of the main production area are still continuing, but coal mine production is relatively stable and supply is relatively sufficient. With the increase of heating coal consumption in power plants, the purchase of power plants will gradually improve. At the same time, the demand for coal in chemical industry, cement and other industries has gradually recovered, especially for high-quality low sulfur coal. It is expected that the relationship between supply and demand of pithead will slightly improve next week, and the price is still relatively weak, but the range and range of price reduction may be narrowed. On the port side, with the tightening of some imported coal from customs, the downstream part of the purchase will shift to the northern port, which will stimulate traders' rising price sentiment. At the same time, the daily consumption of the six coastal power groups has recovered to more than 600000 tons, and the available days of inventory will be 27 days, 6 days less than the same period last year, so the demand for power plant replenishment is relatively strong. In addition, the port continued to hang upside down, the traffic volume of Daqin and Zhangtang lines decreased sharply, and the port transfer in shrank. It is expected that the demand of the port will slightly improve next week, the inventory will decrease, and the price will gradually stabilize and rise, but the increase will be limited.

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