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The coal price of the production area basically stabilized

ECHEMI 2019-11-29

coal

Power Coal News: In the near future, the domestic power coal market fluctuates weakly and stably, and the overall coal price of the main production area tends to be stable, with general demand. In terms of production area, the prices of some coal mines in Yushen District of Shaanxi Province have been adjusted back and the overall production and sales have been balanced. Now, the average price of Yulin q6000 is 400-410 CNY/ton. Due to the impact of Pingyao coal mine accident, the recent production area security inspection efforts increased, the shipment was rare, the overall coal price was weak and stable, and the follow-up wait and see the purchase of winter storage heating. Affected by the recent rise in Port coal price in Inner Mongolia, the shipment of a few mines has improved slightly, and coal hauling trucks have increased. However, due to the high inventory and weak demand of downstream power plants, the short-term rise is not supported enough, and the mine side has a strong wait-and-see. In terms of ports, at present, the enthusiasm of traders in purchasing has increased, and the market inquiry has increased, with low sulfur coal in medium and low calorie as the main factor. Affected by cold air and cold wave, the downstream power plants The coal consumption has risen to about 600000 tons. In addition, with the coming of heating season, the demand for haulage has increased, the coal price has increased slightly, and the transaction volume is limited. At present, the closing price of (cv5500) is about 552 CNY/ton, and the closing price of (cv5000) is about 485 CNY/ton. As of November 21, the inventory of six major coastal power plants is 16.7227 million tons, with a daily consumption of 640500 tons, and 26 days of availability. The power plants still rely on long-term cooperative transportation under continuous high inventory, and the release of market demand is still limited. Generally speaking, the coal price of the coal market in the current production area is generally stable, the demand is relatively flat, and the port coal price is stable or will rise slightly. It is predicted that the short-term domestic power coal market will operate weakly and stably.

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