Coal price under pressure, slightly fluctuating

The limited impact of raw coal production has not yet appeared in Yulin area of Shaanxi Province: the price of pithead in Shenmu and Fugu areas is weak, and the price in Yuyang area is slightly strong. The overall price is stable. Inner Mongolia: coal prices remained stable as a whole. On the one hand, the overall demand is insufficient, and the stock of ports and power plants is high, so the driving force of coal price rise is weak. On the other hand, due to factors such as the security inspection of the production area and the approach to the end of the year, the output of the mine slightly contracted. On the whole, coal price maintains stable operation and fluctuates slightly. Shanxi Province: the supply and demand of Shanxi market are weak, the coal mine safety inspection work continues to advance, some coal enterprises are about to complete the annual task, and the enthusiasm of production is not high. Shanxi water coal prices fell slightly, direct coal prices rose and fell mutually.

Port: supply and demand are weak, price is temporarily stable, port spot market supply and demand are weak, a small number of transactions in the market, price is temporarily stable. The current (cv5500) mainstream price is 545-550 yuan, and the (cv5000) mainstream price is 485-488 yuan. Bspi Bohai power coal price index. On December 11, the new phase (December 4, 2019 to December 10, 2019) Bohai power coal price index closed at 550 CNY/ton, down 1 CNY/ton on a month on month basis. CCI index: as of December 13, CCI index reported: 5500 kcal 548 (-), 5000 kcal 486 (-), 4500 kcal 435 (-) China electric coal purchase price index: factors affecting current coal price analysis frequent production of safety supervision in production area slightly contracted. In recent years, the safety inspection of production area is frequent. In addition, the production of the completed coal mines has been shut down one after another near the end of the year, and the output has shrunk slightly. The coal price still does not have the conditions for a large decline in the short term. Conventional procurement of downstream power plants. Most of the time, the daily consumption of the power plant is maintained at over 700000 tons, but the overall inventory is still high, and it is still in the stage of inventory removal, which is basically based on conventional procurement, with a large and small probability of centralized replenishment. The cold air is coming in the near future. Power consumption may increase, but near the end of the year, industrial enterprises will continue to stop production and have holidays, and the overall power load is difficult to improve.