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February 27 the domestic coal market
Source:China Fertilizer   Time:2012-02-28   Read:791second  

Thermal coal: the spot market, the domestic thermal coal, the majority offer to maintain the weak run, the sluggish market transactions, which has a capacity in the coal mine warehouse goods than the higher bit, Anhui region coal weak run down the port side, the market is still hard to see the turn for the better . With the downstream industrial enterprises continue to return to work the complex production, as well as supplemental warehouse which has a capacity of goods, and respond to the maintenance of the upcoming Datong-Qinhuangdao line, coal enterprises begin to deploy ships to northern ports with coal, coastal coal market has been showing signs of recovery.
Continued for several days to reach the northern port of Qinhuangdao, Tangshan, and pulled coal ship showing increasing trend. Expected that the post-market thermal coal price decline rate would be continued to narrow even to become stable. As at point 16, 22, Qinhuangdao port coal field is kept up to 8.34 million tons this year, the highest value. However, the recent recovery in the shipping market demand for coal has been gradually restored. Qinhuangdao seaborne coal market monitoring sea coal freight, coastal areas of the main routes of coal freight a slight rebound, coal routes in the average tariff of Qinhuangdao Port to Shanghai, Guangzhou and Zhangjiagang were rising.
Downstream demand: power plant day consumption recently has increased, Qinhuangdao coal coal Finance Channel data show that on February 15, 2012 to February 2012, 21, the six key power group consumption total of 4.313 million tons, the chain last week rose 6.8 percent, the power plant inventory has declined, while downstream port coal inventory decrease, or would be positive for the coal market. Outlook thermal coal price is expected to gradually stabilized, and a slight rebound.

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