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Home > News > Valuable News > Port transaction cold coal price stability

Port transaction cold coal price stability

ECHEMI 2020-02-20

At present, there are 17 coal mines in Yulin area, involving a production capacity of 137.3 million tons / year, but Yulin coal is still in short supply, and the price of coal in the area is on the upward trend; The coal supply in Ordos area is tight, and the control of coal trucks in and out is strict. As of January 19, the daily sales volume of coal roads in the area has been maintained at about 470000 tons, about 1.1 million tons less than the level of the same period in previous years, and the price of coal has been rising steadily. In terms of ports, on February 14, the total inventory of Qinhuangdao, Huanghua port, Jingtang Port and Caofeidian port was 14.08 million tons, 380000 tons less than yesterday, 900000 tons less than yesterday, and the port resources continued to decrease, among which 5300-5500 kcal coal was more scarce. In the short term, the increase of the port of origin shipment was small, the port inventory was difficult to be improved, and the quotation of traders was firm, but the downstream demand turned weak, and the transaction was cold, Coal prices remain stable. In terms of imported coal, the enthusiasm of domestic downstream power plants for bidding for imported coal is weaker than that of last week, but under the condition that the sea freight is still low, there is still a willingness to purchase imported coal, and the high price of imported coal is stable. At present, the FOB price in Australia (cv5500) is maintained at 57.5-58 US dollars / ton, while that in Indonesia (cv3800) is maintained at 36.5-37 US dollars / ton.

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