Product
Supplier
Encyclopedia
Inquiry
Home > News > Market trading slightly recovered, coal price was stable, rising 1-2 CNY/ton

Market trading slightly recovered, coal price was stable, rising 1-2 CNY/ton

ECHEMI 2019-12-09

oil-overcapacity

In terms of origin, the production and sales of coal mines in Northern Shaanxi are basically stable, with general shipments and relatively stable prices; the coal market in Jinmeng area is generally weak and stable, with more bidding for low calorie coal in surrounding power plants, stable land sales and transportation, basically stable shipments of large households, and little change in coal prices. Continue to pay attention to the follow-up impact of recent coal mine safety accidents. In terms of ports, market trading has improved slightly since the end of the week, and the demand for downstream inquiry has been released a little. Among them, low calorie coal is in a tight balance, and the spot price is rising 1-2 CNY/ton. Now, the mainstream price of 5500 kcal power coal is 547-552 CNY/ton, and the price of 5000 kcal power coal is 484-489 CNY/ton. As of the 25th, the total inventory of the three ports around the Bohai Sea is 22959.9 (- 135000) tons, including 6.73 million tons in Qinhuangdao port, 24 ships in Anchorage and 25 ships in advance; 9.1 million tons in Caofeidian port, 17 ships in Anchorage and 23 ships in advance; 7.129 million tons in Jingtang port, 19 ships in Anchorage and 22 ships in advance. On the downstream side, at this stage, the high level of port and power plant inventory is fluctuating, and the main purpose is to realize the long-term cooperative coal transportation, and pay attention to the change of power plant supply and consumption in heating season and the strict control of imported coal policy in cooling weather. On the 26th, the six coastal power plants had a stock of 16.8859 million tons, a daily consumption of 650700 tons and a usable life of 25.95 days. In terms of imported coal, in view of weak market demand at home and abroad, combined with the impact of domestic import coal restrictions, the price of foreign mines is on the decline, while the market demand in South China is limited, the domestic trade price is stable for the time being, and the price of some Indonesian coal is slightly higher. Now, the FOB price of 3800 kcal of Indonesian coal is 32.5-33.5 USD / ton, and that of 5500 kcal of Australian coal is 50-51 USD / ton.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

Looking for chemical products? Let suppliers reach out to you!

Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.