The past two months, the thermal coal market is a "volume and price down," demand continues to slump, the domestic coal market prices Bohai Sea all the way down, and the international coal prices have remained weak. Supply and demand situation reversed in the case of thermal coal market discourse began to tilt to the buyer. Industry experts believe that, after the Spring Festival no obvious factors support coal prices, thermal coal market downturn has improved remarkably difficult situation, a buyer's market will continue.
Data show that as of January 11, Bohai thermal coal price index closed at 792 yuan / ton, down 5 yuan / ton, down 0.63%, for the ninth straight week to keep down, the cumulative decline of 61 yuan / tonnes. Among them, the Qinhuangdao Port coal heat 5500 kcal market trading price of the quasi-levels down to 790 yuan / ton, "coal" price ceiling level by 10 yuan / ton.
At the same time, stop rising international coal prices also fell. Reporters learned from the global coal trading platform, as of January 6, the Australian port of Newcastle thermal coal prices fell 1.02%, to close at 114.3 U.S. dollars / ton; South Africa Richard Port thermal coal prices fell 0.7 U.S. dollars / ton, the current close $ 105.87 / ton; three ports in Europe ARA coal price index fell 1.93%, to close at 110.23 U.S. dollars / ton. The world's largest exporter of coal for power generation in Indonesia also reduced its benchmark price of coal sales in January, to 13 months to the lowest point.
Steam coal market prices continued to decline with the current downturn in the demand for a great relationship. "Our plant inventory in 20 days, and slowdown in economic growth, the demand side is not busy, the problem is not maintained after the Spring Festival, no need to supplement the steam coal." Jiangsu, a power plant official told reporters.
It is reported that six coal power plant on the total 62.1 million tons, an increase of 10,000 over the same period last month, Zhejiang energy, power, State Power, Huaneng coastal power plant coal storage available days were 33,13,27, 16 days, almost all at high levels. The presence of deposit, as of January 11, Qinhuangdao port coal field storage of 694 tons, is also high.
Analysis pointed out that the fall in volume and price, the buyer the right to speak in the steam coal market began to increase, especially in the small coal mines with coal traders and trading. Accelerate the decline in coal prices, many traders out of the coal market outlook pessimistic, financial constraints and other factors have lower prices in order to increase volume. And Shanxi, Inner Mongolia and other provinces have also taken some of the local coal mine some price incentives to improve the poor situation of coal to take the goods.
This drop in the price of coal from the power plant can be further confirmed. Reporters learned that the recent price of coal power plants along the river are several different levels of decline, for example, Huaneng Nantong Power Plant 5500 kcal of Datong coal prices over the previous period decreased by 20 yuan / ton, to close at 850 yuan / ton, Jiangyin Port and summer heat of Mongolian coal power plants with the same price range down to close at 755 yuan / ton.
 "Profit has been compressed smaller and smaller, now do less and less coal trade. Spring has not arrived yet, not a lot of traders to see market has been ahead of holiday leave, ready to make other plans after the Spring Festival." Hubei, a coal traders revealed.
However, off the Italian view, the Festival of the stock market is not optimistic a buyer's market will continue. He pointed out that after the Spring Festival no obvious factors that can support higher coal prices, the first overall economic situation is not very good, but February and March is the traditional off-season demand, the demand for thermal coal market will not have changed much. The state encourages and coal power plants are now directly linked to the future survival of the coal traders will be smaller.