Lack of downstream demand, lack of power for port coal price rise?

In terms of production area, the overall coal supply of Yulin coal mine is still small, and the supply is in short supply, and the coal price in the area keeps rising. Among them, fangjiapan coal mine has raised the coal price for two consecutive days, with an increase of 60 CNY/ton. At present, the coal mine in Ordos area is slow to resume work, the supply is tight, the coal transportation is mainly long-term cooperative fire transportation, and the automobile transportation is still blocked. As of the 18th day of the first month, the coal industry in the area is in short supply The daily sales volume of the road is maintained at about 450000 tons, about 1.2 million tons less than the same period of the previous year, and the coal price is increased by 5-10 CNY/ton. In terms of ports, in recent days, the transfer in of Qin port has continued to increase, and the inventory has been restored to 4.36 million tons. As a whole, the inventory of ports around the Bohai Sea has not changed much under the weakness of transfer in and transfer out, and it is still at a low level. The high-quality coal is in short supply, and the quotation of traders is firm. Now, the mainstream quotation of cv5500 is 575-580 CNY/ton, but the downstream daily consumption recovery is slow, and the continuous increase momentum is insufficient under the lack of demand coordination 。 With the increase of upstream coal mines, the focus of coal supply and demand changes gradually turns to the demand side in the short term, focusing on the downstream demand and daily consumption changes. In terms of imported coal, the current FOB price of imported coal remains high supported by demand. In terms of the supply of foreign mines, the recent floods in Australia have a certain impact on the Queensland area which mainly produces coking coal, but not on the supply of power coal in other areas. The recent rainfall in Indonesia has had a certain impact on coal production and transportation, and Indonesia's coal spot resources continue to be tight, which is one of the reasons why Indonesia's coal prices remain high.