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Qinhuangdao Port coal price decline continued to decline in power has the weakening trend will tend to ease the rate of decline will stop, coal price index is expected to slightly less than 800 yuan / ton price level hovering around even more volatile than the stable operation long period of time.
The main coal price shocks, the focus shifted slightly on the volume slightly decreased, indicating prices, lack of motivation. Bohai four-port coal stocks decreased 651,000 tons last week, in addition to the Tianjin Port stocks remain unchanged, the other three port coal inventory volume has decreased. The largest decline among Jingtang 8.73%. Although the number of ships to the port to be installed after a slight rebound in front, the recent decline again. At the same time the price of coal sea bottom down again, to maintain the lowest level in years, indicating that the overall supply of shipping capacity is far greater than demand.
Four ports in the Bohai Sea is still sharp decline in prices, which fell Tianjin Port reached 20 yuan / ton. Bottlenecks by the railway, the first half of 2012, the coastal tight supply and demand of coal, thermal coal prices rising, but the limit, the upper limit of Qinhuangdao prices may stabilize in the vicinity.
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