Port quotation slightly increased due to poor sales in production area

In terms of production area, most of the coal mines in Yulin area are in normal production, but affected by poor road traffic conditions, there are basically no coal hauling trucks in the area, and it is expected that the sales will remain unsmooth within 2-3 days. The coal price is mainly stable, and the coal price of some mines is slightly increased; the sales of coal land in Ordos area is slightly improved, yesterday's sales volume of roads in Ordos area was 459000 tons, an increase of 243000 tons on a day-on-day basis, and the coal price is mainly stable. In terms of ports, many ports around the Bohai Sea have been closed, which has hindered the transfer out operation, and the port inventory is basically stable under the weak conditions of transfer in and transfer out. Based on the blocked export of coal from the origin and the tight supply of some goods in the port, the quotation of the traders slightly increased. Now, the mainstream quotation of cv5500 is about 560 CNY/ton, and that of cv5000 is about 500 CNY/ton. However, the purchase intention of the power plant is not strong, and there is sporadic demand for release.

The counter offer is mostly index or down floating, with overall wait-and-see. In terms of imported coal, the bidding for imported coal for domestic power plants increased at the beginning of the year, and the FOB price of Australian coal continued to increase. Currently, the FOB price of Australia (cv5500) is 53-53.5 USD / ton, up about 0.5 USD / ton on a day on month basis. Indonesia's coal spot resources are tight, and foreign mines are reluctant to sell goods, pushing prices up slightly. Currently, the FOB price of Indonesia (cv3800) is 33.5-34 US dollars / ton, up about 0.6 US dollars / ton on a day-on-day basis. In terms of shipping, the northern ports are closed due to strong winds, and the available capacity is affected, which has some support for the market. However, as the Spring Festival approaches, some of the ships return to domestic trade, the pattern of more ships and less goods in the market continues, and the freight rate is weak. As of January 7, the North Jiangyin (2W) freight rate of the river route is 30.5-31.5 CNY/ton, with a decrease of 0.5 CNY/ton on a day on month basis; the average freight rate of Qinhuangdao Guangzhou (5-6W) ships is 31.6 CNY/ton, with a decrease of 1.3 CNY/ton on a day on month basis.

In terms of futures, on January 8, the closing price of power coal 2005 contract was 558 CNY/ton, the warehouse receipt cost of delivered goods was 563 CNY/ton, the discount for futures was 5 CNY/ton, and the discount was 0.9%. In terms of macro economy, the Ministry of industry and information technology, the national development and Reform Commission and the Ministry of science and technology announced the list of the third batch of national emergency industrial demonstration bases, and determined eight emergency industrial clusters such as Tangshan Kaiping emergency equipment Industrial Park as the third batch of national emergency industrial demonstration bases.