April 13 The latest issue of the Bohai significant increase thermal coal price index, which is the fourth consecutive week the index rose.
Index of seaborne coal Network Center released the Bohai Sea thermal coal price index: This issue published last week the average price of steam coal Bohai rose 8 yuan / ton to 784 yuan / ton, or 1.03% rise this week has increased surrounded risen 17 yuan / ton.
Recent domestic steam coal prices strong in some areas, is not short off-season, mainly due to supply side push: Shaanxi, Inner Mongolia and other coal producing area of ​​coal resource integration, beginning April 1 Daqin line maintenance, transferred there, and imports decreased substantial reduction of coal, while demand is relatively stable, local supply and demand is relatively tight.
International coal prices, along with Japan's post-earthquake reconstruction and the international crude oil prices, increased international demand for coal, the international coal prices once again rose.
Last week the international thermal coal prices global coal in which the overall rise in Australian thermal coal price Newcastle NEWC index for the $ 123.30 / tonne from the previous week than the Central rose $ 2.17 / ton, up 1.79%; South African Richard Port thermal coal price index rose RB $ 3.44 / ton to $ 124.59 / ton or 2.84%; three ports DES ARA European thermal coal price index for the $ 129.43 / ton, up 2.18%. Global coal international thermal coal price index fell to curb the momentum.
Comprehensive analysis, Japan and Australia between the end of March to determine the 2011-2012 fiscal year, steam coal, "long association" price of 129.8 U.S. dollars / ton, up 32.5%, reaching a record high, higher than the current international spot prices, but also much higher the market expected, and its thermal coal prices on international markets have some Bijiaxiaoying on international steam coal spot prices have a considerable stimulus.
Aspects of international oil prices, by investors worried about tensions in the Middle East and promote a weaker dollar, international crude oil prices again last week to refresh the highest price in two years, linkage between international commodity markets appear again. Libya, because the shock of oil-producing Middle East and North Africa the situation has continued, so investors are still worried about oil supplies the main factors pushing up oil prices.
The reason that pushed up international oil prices because of the international coal price, with the sharp rise in oil prices, the demand for coal in Europe increased, thus promoting the port of Rotterdam in Europe and South Africa, Richard Port coal spot price index higher. It should be noted that most of Europe, gas dual-use thermal power plant, with the rising oil prices, natural gas prices, more power plants to coal, which has to a certain extent, promoted the demand for coal.
Also by Japan's nuclear crisis will be closed all seven of Germany prior to 1980 until the plant began operations in June, this will stimulate demand for coal in Germany, coal demand increased. Japan's post-earthquake recovery and boost coal demand in Europe, international coal prices are expected to enter the long-term positive period.
High international coal prices, but also makes the domestic coal exports has increased significantly, according to Customs data show China's coal exports in March was 2.59 million tons, Central was an increase of 47.2%. (An Zhiyuan)