Inner Mongolia Coal: general demand in the lower reaches due to fluctuation

Inner Mongolia News: In the near future, the demand of Inner Mongolia's coal market is low, and the coal price remains stable; in terms of the origin, some coal mines in Ordos area, Inner Mongolia have a certain amount of inventory, the sales of high-grade coal is average, the price of medium and low-grade coal is relatively stable, and the follow-up production is mostly based on sales. In view of the frequent occurrence of coal price accidents in the near future, the main purpose of each mine is to ensure safe production. At present (cv5500) power coal pit In terms of transportation, due to less downstream demand, the long-distance transportation volume in Inner Mongolia has been running smoothly as a whole, and some cold routes have declined. However, the railway transportation to the port is stable, and the freight rate maintains a low level operation.

In addition to the large shippers, the short transfer to the last station is less shipped by traders. In terms of ports, the demand for long-term coal in northern ports is stable, and the market for medium and low-term cards is stable The demand for coal is better than that of high calorie coal, and the quotation of individual traders is slightly increased by 1-2 CNY/ton, but the overall demand support of the downstream is not strong, most traders hold a wait-and-see situation, and the terminal still maintains the purchase of long-term cooperative coal. At present, the mainstream quotation of power terminal coal (cv5500) is about 550 CNY/ton, and the mainstream quotation of power terminal coal (cv5000) is about 485-490 CNY/ton; in the downstream, the power plant inventory is still high, Although the weather has cooled and heating has begun in the north, the purchase of power plants is not active, and signs of civil coal and winter storage have not yet appeared. As of November 21, the inventory of six coastal power plants is 16.7227 million tons, with a daily consumption of 640500 tons, which can be used for 26 days. Generally speaking, with the gradual cooling of temperature, daily consumption is expected to pick up. At present, the overall supply of power coal is larger than the demand, and the inventory of transfer and all links is high, so it is difficult to see a big rise in coal prices, so the Inner Mongolia coal market is still in a narrow range of shocks in the short term.