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The recent national wide range of cool weather failed to stop the downward trend of thermal coal price steam coal index of the Bohai Sea tenth consecutive week of losses, the current price of 782 yuan / ton. Postganglionic power generation business needs is still low, before the holiday, the supplementary inventory is still ample, the will of the replenishment is not strong, short-term power gap is eased. By the spring holidays, Jingtang Port thermal coal trading volumes remain low, high downstream power plant inventory coal storage, downstream users of the market for coal procurement enthusiasm diminished, February 1, Jingtang Port anchorage of ships at anchor 14 vessels, anchorage, anchor the ship last week compared to the chain increased by 10 trips, an increase of up to 2.5 times increase in the number of anchorage anchored ship. As of February 1 Jingtang Port coal stocks 365 million tons of inventory compared to last week, the chain increased by 28 million tons, an increase of 8.30%. Jingtang Port coal stocks increased significantly, Jingtang Port thermal coal price after 10 weeks of continuous decline, steam coal prices to remain stable for the first time, Jingtang Port thermal coal market price is expected to remain stable. This year Dongchu market demand, weak market performance, the Bohai Bay coal index continued to fall, has fallen below the limit of the country's current power plants to maintain a relatively high inventory, thus leading to a little The bearish fundamentals, while the technical side, the moment is still the beginning of the operation of the bearish moving average system is already beginning to show the status of the vulnerable, from this level in terms of the latter there will be a further decline.
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