Some of the high calorific value high quality coal in the port remains structurally tight. In addition, many large power plants have a long waiting time for ships to queue for goods, so the long association is not enough to pull the coal, and the purchase quantity of coal in the market increases.On the demand side, with the arrival of winter and the continuous recovery process of various economic data, the coal price in the producing area of Changhe Union is rising every month, driving the overall high coal price, and the market coal is also rising.A few days ago, some power plants bidding, the high price of coal market bid, in the role of tight demand, the coal price index continues to rise.At present, did not see stop to rise to stabilize a sign.
1. Supply and demand mismatch occurs again.
The market of the main producing area has not changed much. Affected by the snowfall weather, the coal mine haulage has decreased. Under the influence of bad weather and traffic accidents, the road transport is restricted, and the price at the pit mouth remains firm.The amount of coal transferred to bohai Sea port is relatively stable, but it is difficult to have a further increase under the circumstance that the coal price continues to hang upside down, and the quantity of high-quality coal arriving at port is insufficient.Downstream, mainly to transport long association coal, inquiries and bidding also have, but the port resources are small, structural shortage problems still exist.In winter, when water and electricity are weakened, the coal consumption of power plant gradually increases, and the support from the demand side becomes stronger again.The import coal quota will be lifted appropriately, but it will take some time for the import increase to be converted into power plant inventory.
2. Tight quality port resources.
Although this shipment keep in high level, flows into the bohai sea port resources increase, but the problem is, jing tang three port and qinhuangdao port has the problem of shortage of resources, major ports are to speed up the unloading, daqin line limited resources were diverted, superposition of the port of shipment to keep normal, cause Qin Gang coal has not come on.Along with the weather cooling, the temperature in east and central China has dropped, the demand for electricity and heating has increased, and the coal consumption load of fire and electricity has increased.At the same time, coastal power plants and jiangneiport coal inventory repeatedly record low.Some power plants in southern China have already exhausted their coal import quota, and the enthusiasm to transport coal to the north is also increasing significantly, helping to improve the market.
The price of coal is going up strongly.
Towards the end of the month, the coal pipes in Inner Mongolia are relatively tight, the coal production is basically balanced, and there is no obvious increase. However, the frequent coal safety inspections in Jin-Shan region continue to support the high coal price at the pit mouth.Northeast China and North China entered the heating period successively, increasing the haulage volume from Inner Mongolia and Shanxi, which promoted the diversion of high-quality resources.As the coal price at the mine mouth remains high, the traders who deliver the coal to the port are seriously upside down, which affects the enthusiasm of delivery and aggravates the situation of structural shortage at the port.The suspension of coal unloading in Australia and the reduction of coal import quotas have also added to the tensions.Coal prices are expected to remain strong until the end of the year as upstream capacity shrinks, downstream demand improves and coal and traders increase prices
