Two weak prices of supply and demand in coastal coal market or stable

On the upstream side, the three-month nationwide centralized rectification of safety production is being carried out, and the inspection is still upgrading; the supply of coal in the production area is tightening, the safety inspection of coal mines in Shanxi is strict, and some coal mines in Shuozhou and Xinzhou are shut down for rectification; the output of Yulin coal mines in Shaanxi Province has been reduced, and the production of Ordos coal mines in Inner Mongolia is relatively normal, and some coal mines are under normal delivery conditions The enthusiasm of production and sales is not high. The northern region is in the heating period, the demand for coal is increasing, and some thermal power plants are in good purchasing condition; in addition, the rainy and snowy weather is coming, and the transportation is not smooth, which drives up the cost of pit freight and supports the coal price. Close to the end of the year, many coal production tasks are about to be completed, the enthusiasm of production is not high, and the main purpose is to ensure safety. In terms of demand, at present, at the peak of coal consumption in winter, the daily consumption of six coastal power plants remains between 700000-750000 tons, and is expected to continue to increase. However, due to the high coal storage, most of the power plants are consuming their own inventory and purchasing some long-term cooperative coal, except for the power on and Datang coastal power plants with a small amount of replenishment demand. In terms of ports in the north, the spot market of ports continued to maintain a weak trend of supply and demand, the coal import and export of ports around the Bohai Sea remained balanced, and the port inventory was relatively stable.

After the end of the coal trade fair, the number of terminal inquiry users increased, but the actual number of purchase and delivery was small, and the price was relatively low; at present, the coal trade basically adjusted around the index up and down slightly, and some suppliers delivered a small amount of high-quality low sulfur market coal, but the price was stable. Due to the low inventory level of the main shipping traders operating the water coal business, and the shortage of low sulfur and high-quality coal, the quotation remained firm, and the delivery continued to be weak and stable. It is worth noting that, at the end of the year, there is still half a month to the end of the year, and one month to the Spring Festival. Due to the impact of cash cashing and capital withdrawal at the end of the year, some traders are in a hurry to make a move, and they are not willing to make price hikes. It is expected that coal prices will stabilize to the end of the year. Although the inventory of national key power plants and coastal power plants has declined slightly, they are still at a high level, and the coal storage and utilization days of power plants are up to more than 20 days. As the end of the year approaches, coastal power plants can consume their own inventory and wait for the arrival of imported coal in January; therefore, although the daily consumption of power plants rises to a medium high level, it does not help the market much. Affected by the high cashing rate of Changxie coal and the high inventory of power plants, the downstream generally maintains rigid haulage of coal in the northern port; even the sporadic purchase of coal in the market still depresses the counter offer price, resulting in the lack of power for the port coal price to rise. Under the influence of bad weather such as strong wind and heavy fog, affecting ship turnover, and the need for replenishment of some small and medium-sized power plants, the number of anchor ships in the ten coal ports around the Bohai Sea increased to 101, 26 more than that at the beginning of the month.