Spot prices continue to rise, and the focus of shipment turns to supply

Despite the slow resumption of work in the downstream and the low demand, the daily consumption of coastal power plants continued to remain at a low level of about 380000 tons. However, the downstream has the support of civil power load after all; in addition, during the long holiday period, the power plants with reduced coal storage need to replenish inventory, and some cement users also have some procurement plans, so the number of ships dispatched increases correspondingly. However, due to the influence of low coal import, the Bohai port keeps low inventory, and the supply of high-quality coal is in short supply, which promotes the stronger operation of the market. Affected by the supply of production area is blocked, the number of coal trucks arriving at the port is low and other factors, the port inventory around the Bohai Sea continues to decline. Up to now, there are 16.61 million tons of coal in the ports around Bohai Sea in China, a decrease of 450000 tons compared with a week ago. Among them, Qinhuangdao's inventory keeps at a low level of about 4 million tons. Most of the suppliers are mainly composed of the long-term insurance association and the large-scale insurance customers.

The spot price is low and the high-quality goods are in short supply. In the Bohai Sea port, the quotation is mainly based on index rising, and a few traders and cement plants trade with index rising 1-2 CNY/ton. In recent days, Qinhuangdao Port forecast and subsequent coal ships to the port have increased; in addition, the number of coal transferred out is higher than that transferred in, Qinhuangdao Port coal storage continues to maintain a low level, promoting the increase of cargo ships. Up to now, there are 43 anchor ships in Qinhuangdao port and 36 anchor ships in Huanghua port, which continue to increase slightly. At the time of continuous low coal storage, shortage of high-quality coal and rising coal price in the Bohai Sea port, whether the coal production and supply in the upstream "three West" area can keep up with the situation and the recovery of coal transportation railway transportation naturally become the focus of the industry. In terms of production area, coal enterprises in "three West" production area are in the stage of slow resumption of production. Although large mines in the production area have been actively organizing production, Shaanxi, Shanxi, Inner Mongolia and other places are also speeding up the process of resumption of production, but the actual resumption of production of small and medium-sized coal mines other than state-owned and private large mines is not ideal. It is particularly noteworthy that migrant workers entering the mining area must be connected Due to the isolation of 7-14 days, the number of personnel on duty is reduced, some coal mines are unable to realize three shifts operation, which delays the comprehensive resumption date of coal mines, and the number of production and outward transportation is affected.

Affected by the prevention and control of the epidemic, the upstream shipment was blocked, and the price of the mine mouth rose sharply. For the later resumption process, many small and medium-sized coal mines said to look at the control of the epidemic situation and wait for the notice of the local government. The impact of the sudden epidemic on the production and supply of coal in the main production areas continued to ferment, resulting in the slow process of the upstream resumption of production and work, the frustration of shipping, and the decline of the number of large coal railway transportation channels. "Three West" overall coal loading and outward transportation situation is not ideal, as can be seen from the daily transportation volume of Daqin line and Zhangtang line; recently, the daily transportation volume of the two major transportation railways has been kept at a low level of about 800000 and 50000 tons, far from meeting the demand of port shipment and downstream coal consumption, to a certain extent, it has promoted the port around Bohai Sea to keep a low inventory, the port spot supply is tight, and the supply is tight Fang's strong quotation made the port market coal price rise slightly.