Next week, coal purchase in power plant market will continue to decrease

In recent days, the average daily coal consumption of six coastal power plants has declined compared with the previous period, falling below 650000 tons, and the inventory fluctuation has declined to 14.8 million tons, but the available days are still more than 20 days. Data shows that as of January 19, the daily consumption of six coastal power plants was 627000 tons, 30000 tons less than the previous day, 91000 tons less than the same period last month, 117000 tons less than the same period last year. Near the Spring Festival, industrial enterprises shut down more holidays, industrial power load decreased, and the daily consumption of power plants mainly supported by civil power declined. With destocking as the main rhythm, the inventory of power plants further fell below 15 million tons, but recently showed signs of stabilization. As of January 19, the coal storage capacity of six coastal power plants was 14.897 million tons, an increase of 25000 tons compared with the previous day, a decrease of 1.317 million tons compared with the same period last month, and an increase of 959000 tons compared with the same period last year.

The available days for coal storage are 23.8 days, 1.1 days more than the previous day, 1.2 days more than the same period of last month, and 5.1 days more than the same period of last year. From the above data, it can be seen that, although it is somewhat lower, the coal storage of six coastal power plants is still on the high side compared with the same period last year, and the available days of coal inventory are still more than 20 days, which can basically cover the Spring Festival period. In the short term, the main purpose of power plants is to digest inventory. Based on the fact that the overall inventory of the power plant is still high, supported by Changxie coal, and the imported coal is about to enter the domestic market smoothly, most users are not eager to pull a large number of coal for replenishment, but to maintain rigid haulage, and still mainly to de inventory. According to the latest market news on January 19, the port inquiry is still dominated by low sulfur coal, and the overall market spot resources are still in short supply. Near the holidays, the market trading atmosphere is fading, and the overall price maintains stable operation. Since this year, due to the influence of warm winter, the temperature in most areas of South China and South China is obviously on the high side, and the pressure of heating power consumption is not large. During the later spring festival, after the industrial enterprises stop production and have holidays, the power load will be reduced.

At that time, the industrial enterprises in the southern coastal areas will enter the holiday one after another, especially in the Yangtze River Delta and Pearl River Delta, which are mainly foreign trade processing enterprises, the industrial power load will decrease and the coal consumption will decrease. According to previous years' experience, during the Spring Festival, the daily consumption of downstream power plants is only 1 / 2 of that under normal conditions. For some main power plants, such as Zhejiang energy power plant, the daily consumption even drops to 1 / 3 of that under normal conditions, and the available days of coal storage are up to 100 days. According to the current actual coal storage situation of the power plant, plus the rigid haulage of Changxie coal and the purchase of imported coal, it can basically meet the coal demand during the Spring Festival. In addition, during the Spring Festival, the amount of coal transferred in is higher than the consumption, and the inventory of the power plant is accumulated passively, which can be replenished calmly. It is expected that the purchase demand of market coal for power plants will continue to decrease next week. In the future, at this stage, the private coal mines in the main production area are shut down in large areas, and the maintenance and reduction of production are carried out at the end of the year. The coal supply is tight. In addition, the downstream enterprises have entered the holiday period, and the electricity consumption has been significantly reduced. The daily consumption of the six coastal power plants has dropped below the 650000 ton mark. Under the weak balance of supply and demand, the coal price is temporarily stable.