Home > News center > Trade news
Thermal coal price stability. Into August, all around the island into the hot weather, stocks and corporate power consumption is showing a sudden drop in on the trend. As of August 5 the week, the six coastal Zhejiang Electric Power Generation Group, power, Guangdong Electric, State Power, Datang, Huaneng power plant inventories were 3.324 million tons daily, 75.6 million tons, 1.035 million tons, 2.563 million tons, 1.336 million tons and 3.136 million tons, of which Guangdong Electric inventory up to 15.89% qoq, and Huaneng Power, respectively 5.85% and 3.13% lower. Consumption in Japan, Tang, Guangdong electricity, electric power and Zhejiang also fell significantly, increased 9.5%, 8.31%, 5.52% and 3.17%, while the coal storage in the number of days, the six power are also more than double-digit decline , which dropped 23.44% Yudean, week days are coal storage is only 12.23 days, well below the normal 15 days, and July 30 to August 1 for three consecutive days of stored coal exploration on the number of days to 10 days, close to 10 days coal storage cordon. In addition, Huaneng, Datang and power of the coal storage is also hovering around the normal 15 days. Support in the downstream market, the prices have started to pick up the coastal shipping, ports and coal prices also narrowed down the space. Hang Hau take the goods the situation remains relatively stable in some areas restricted by the transport, resources, slightly tight, high coal prices make it difficult to shake, still up going down easily.
Price of coking coal market as a whole remained stable. Despite the recent steel market continues to rally, but the coke hike plan still does not reach a consensus and the downstream business, has been placed on hold. As Jiushi steel market demand is the peak season, so the coking coal market expectations, driven by the market rebound, a slight improvement in demand, but due to the downstream market is not currently supported by strong, hard coking coal price is still significant as some have been ahead of hike coal prices, take the goods subject to pressure from the downstream business, coking coal market really pick up, need to continue to wait for some time.
Anthracite market running smoothly. Downstream market demand is currently more generally, but only small shipments of coal prices slightly slow-moving, take the goods of other species is still relatively stable, and therefore the intention of the price adjustment of coal prices is not strong, the game between the upstream and downstream enterprises continues. Given the current strong bargaining power of coal companies, coal concession seems unlikely there is expected to post high coal prices continue to run more likely.
PCI coal market price temporarily stable. As a result of the downstream steel market began to rebound, demand has gone up injection coal resources, Shanxi, Henan, the current price support more stable, the price is relatively stable. Mongolian coal Sinotrans Hebei difficult by the impact of tight resources, the local coal washing plant, resulting in bituminous coal injection in short supply, the price of 20 yuan / ton increase. But the latter part of Mongolian coal supply situation eased if the current upward price may also return to the previous price, the limitations of the market to support relatively large.
The last one:New York crude oil futures end...Next:New York crude oil futures end...