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Overall, March coal rebound is very likely, but the possibility of soaring. Present, due to the consumption of basic stability, the overall fall of coal storage available, the active procurement of coal does not subside, fill inventory to be the main task, the restoration of downstream industrial enterprises of coal and electricity consumption, the rigid demand for coal is still. Combined, the maintenance of the Datong-Qinhuangdao line, facing the conversion of the coal supply and demand situation is expected to coastal coal market is expected to improve. The author believes that thermal coal slightly stabilized rebound trend is expected to Port thermal coal prices stabilize posture can be.
Slight rebound in the upper reaches of coking coal by weak demand still continued to the disadvantaged has also led efforts to support the cost of coke weakened. Daqin line once a year, spring to overhaul the original plan in April this year, ahead of March, although the specific date yet, but the news has spread; to ensure that in the case of the current coal prices low to increase the purchase quantity, cost savings and reduce the purchase cost of coal, coastal power plants with coal and coal enthusiasm procurement market significantly improved, resulting in coal prices have risen. Coking coal prices at home and abroad as a whole vulnerable to decline, the cost of coke support weakened. Continued flagging domestic steel market, steel mills not have a strong intent to purchase, resulting in coke enterprises take the goods the poor, and the accumulation of a lot of inventory due to the low operating rate, coking coal stocks generally over 20 days. Weak position, as well as upstream and downstream of oversupply in the coke to survive in the cracks of the whole industry chain, subject to the pricing predicament, the spot market recently will be difficult to get rid of the weak market. (A saying)
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