Product
Supplier
Encyclopedia
Inquiry
Home > News > Valuable News > Smooth operation of origin market port transaction is becoming flat

Smooth operation of origin market port transaction is becoming flat

ECHEMI 2020-02-10

Power Coal News: Near the end of the year, the average operating rate of coal mines in the production area has declined, with the largest decline in Shaanxi. Except for the normal production of large state-owned mines, most of the small and medium-sized mines began to have holidays one after another. The demand for coking coal sold in the mining area is good, and the procurement of other terminals is the same, and the overall inventory is at the middle and high level. Some small mines in Inner Mongolia have stopped production for holidays, and most of the mines have started to have holidays Focus on the holiday around the 20th of this month. With the successive holidays in the upstream and downstream areas, the number of hauling vehicles in the mine is reduced, and most of the trade shipments are made by large market households, and the market tends to be stable; the coal mines in Shanxi area are about to enter the state of centralized production suspension and holidays. Affected by the stable port price, some coal mines have good shipments, and the price has increased slightly. In terms of ports, close to the Spring Festival holiday, the trading and investment in the northern port market is flat, the supply of goods transferred into the port by railway starts to shrink, the coal inventory is again low, and the quotations of some high-quality resource coal continue to be strong, but the trading volume of market trade was once low, and the price of general bituminous coal is stable. At present, the port power terminal coal (cv5500) is reported as 560-565 yuan, and the mainstream price (cv5000) is 500-505 yuan. In the downstream, the coastal power plant has entered the Spring Festival effect. As the downstream plants shut down in succession, the daily consumption continues to decline, the inventory slightly accumulates, and a large number of imported coal passes the customs, the power plant has little purchasing power for the market coal. As of January 19, the inventory of six coastal power plants was 14.8965 million tons, the daily consumption was 62.65 million tons, and the available days were 23.77 days. To sum up, with the approaching of the Spring Festival in the later period, the power coal market tends to be flat, the supply and demand pattern further weakens, and the coal price is expected to run smoothly before the festival.

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.