On the 14th, it was learned from the China Coal Resource Network that due to multiple factors, the price of Shanxi's coal pits has generally returned to a stable level this week, while coastal coal prices have been changed for several consecutive weeks and the upward trend has reappeared.
After the price of Shanxi steam coal rose steadily, there was no slight increase in prices in Shanxi except in some areas. Recently, the news that the coal mines in Datong and Zhangzhou will soon be over, so the situation of tight coal supply will be eased.
According to the data from the China Coal Resources Network, the price of coal pits in Shanxi began to return to stable after rising for two consecutive weeks. The plate price of 5,000 calories for thermal coal in Taiyuan was 625 yuan per ton, which was a rise of 20 yuan per ton. This was mainly due to the increase in sales price announced by the Coking Coal Group at the beginning of the month, and the thermal coal market in Taiyuan Jijiao Area began to increase. The increase in tons is in the range of 10-20 yuan.
Rapid decline in coastal port inventory coal At a time when steam coal prices in Shanxi have stabilized, coastal coal prices have changed for several consecutive weeks and have regained their upward momentum.
According to the data, as of September 13th, the closing price of 5500 kcal Shanxi High-grade Thermal Power Coal at Qinhuangdao Port was 825-835 yuan/ton, and 5,000 kcal Shanxi large-scale mixed coal was 865-875 yuan/ton. Last week rose 5 yuan / ton. The closing price of the 5,000 kcal Shanxi High-grade Thermal Coal at Jingtang Port was 820-830 yuan/ton, a slight increase of 10 yuan/ton from the previous week.
Analysts believe that the main reason for the return of coal prices in the coastal areas is due to the maintenance of the Daqin Line. The market expects that the supply of coal will be reduced. At the same time, the inventory of coal in coastal ports is rapidly declining. “Under the combined effects of downstream demand, power plant inventory and daily consumption, port inventory, ocean freight and coal price of ports, the port coal market price is expected to continue to rise this week, and Qinhuangdao coal prices, which have been stable for several weeks, may also be raised. "The analyst said to reporters.
The analysis report of Shenyin Wanguo indicated that due to factors such as the demand for overwhelming stocks for over-winter power plants, the low inventory of power plants at this stage, and the upcoming Daqin Line overhaul, coal prices will rise in the off-season in the next 1-2 months. It is reported that the maintenance of the Daqin Line, which will begin on September 20, will have a period of 15 days. This will allow the port to reduce the average daily coal consumption of about 165,000 tons in September.
The data also shows that due to factors such as the active downstream replenishment of stocks and early winter storage, the four-port coal stocks in the Bohai Rim have declined for five consecutive weeks. As of September 11th, Qinhuangdao Port had a coal inventory of 6.667 million tons, a substantial drop of 604,000 tons from last week; Jingtang Port inventory was 2.78 million tons, a decrease of 150,000 tons from last week. From the 5th of September to the 11th of September, the number of coal stocks in Huanqi reduced from 14.455 million tons to 13.523 million tons, and the inventory in the week decreased by 932,000 tons, a decrease of 6.44%.
After the price of Shanxi steam coal rose steadily, there was no slight increase in prices in Shanxi except in some areas. Recently, the news that the coal mines in Datong and Zhangzhou will soon be over, so the situation of tight coal supply will be eased.
According to the data from the China Coal Resources Network, the price of coal pits in Shanxi began to return to stable after rising for two consecutive weeks. The plate price of 5,000 calories for thermal coal in Taiyuan was 625 yuan per ton, which was a rise of 20 yuan per ton. This was mainly due to the increase in sales price announced by the Coking Coal Group at the beginning of the month, and the thermal coal market in Taiyuan Jijiao Area began to increase. The increase in tons is in the range of 10-20 yuan.
Rapid decline in coastal port inventory coal At a time when steam coal prices in Shanxi have stabilized, coastal coal prices have changed for several consecutive weeks and have regained their upward momentum.
According to the data, as of September 13th, the closing price of 5500 kcal Shanxi High-grade Thermal Power Coal at Qinhuangdao Port was 825-835 yuan/ton, and 5,000 kcal Shanxi large-scale mixed coal was 865-875 yuan/ton. Last week rose 5 yuan / ton. The closing price of the 5,000 kcal Shanxi High-grade Thermal Coal at Jingtang Port was 820-830 yuan/ton, a slight increase of 10 yuan/ton from the previous week.
Analysts believe that the main reason for the return of coal prices in the coastal areas is due to the maintenance of the Daqin Line. The market expects that the supply of coal will be reduced. At the same time, the inventory of coal in coastal ports is rapidly declining. “Under the combined effects of downstream demand, power plant inventory and daily consumption, port inventory, ocean freight and coal price of ports, the port coal market price is expected to continue to rise this week, and Qinhuangdao coal prices, which have been stable for several weeks, may also be raised. "The analyst said to reporters.
The analysis report of Shenyin Wanguo indicated that due to factors such as the demand for overwhelming stocks for over-winter power plants, the low inventory of power plants at this stage, and the upcoming Daqin Line overhaul, coal prices will rise in the off-season in the next 1-2 months. It is reported that the maintenance of the Daqin Line, which will begin on September 20, will have a period of 15 days. This will allow the port to reduce the average daily coal consumption of about 165,000 tons in September.
The data also shows that due to factors such as the active downstream replenishment of stocks and early winter storage, the four-port coal stocks in the Bohai Rim have declined for five consecutive weeks. As of September 11th, Qinhuangdao Port had a coal inventory of 6.667 million tons, a substantial drop of 604,000 tons from last week; Jingtang Port inventory was 2.78 million tons, a decrease of 150,000 tons from last week. From the 5th of September to the 11th of September, the number of coal stocks in Huanqi reduced from 14.455 million tons to 13.523 million tons, and the inventory in the week decreased by 932,000 tons, a decrease of 6.44%.
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