The price of coal fluctuates in a narrow range

Power Coal News: The year-end holiday is coming, and some coal enterprises in the production area begin to stop production and have holidays. At present, the purchase of winter coal storage is basically coming to an end, and the overall demand of power coal market tends to be stable. In terms of origin, the coal price in Yulin, Shaanxi Province is relatively stable as a whole, and the lump coal sales in some mining areas are deviated, with a slight drop of 10 CNY/ton. However, the demand for launching coal shipped from the platform is good, and the demand for other surrounding markets is poor. However, the miner said that in the near years, part of the coal mines in Yulin will ensure safe production, reduce the coal production, and form a certain support for the coal price in a short term. The coal price in Shanxi Province will be stable, with a small increase, and some of them are in terms of ports, there is a strong atmosphere of market trading and investment, some high-quality and low sulfur coals are in short supply, and trade negotiations are active, The mainstream quotation also shows an upward trend.

At present, the mainstream quotation of port power terminal coal (cv5500) is about 553 CNY/ton, and the mainstream quotation of cv5000 is about 495 CNY/ton. As of December 26, the inventory of six coastal power plants is 16.0415 million tons, daily consumption is 774300 tons, available for 21 days. Although the power plant goes to storage actively and the daily consumption keeps high, the overall inventory is at a high level and there is no demand for replenishment. Generally speaking, with no significant change in the origin market, the overall supply and demand is stable, while the port inventory continues to decline to the new low within the year, and the trade sentiment has improved. However, the downstream procurement demand is generally, mostly long-term cooperation and rigid haulage, so the power coal market still maintains a small fluctuation in the short term, and some coal types still slightly increase, with a small probability of large increase.