Latest data show that by the Bohai coal inventory decreased to 19.075 million tons last week, this week, 17.723 million tons (20.2 million tons compared to the previous month), this week, the Bohai four port coal stocks compared with last week's inventory MoM reduce 1,352,000 tons, a drop of 7.1%.

Significantly reduced inventory Bohai thermal coal market is undoubtedly a positive signal. Social business chief analyst Liu Xintian that coal September stabilize or even likely to rebound. From November 2011 to date, coal has fallen nearly 45% in just 12 years a quarter and three quarters had a rest period, and the current slump has lasted nearly 10 months, the cumulative decline of nearly 14 percent, has come to the "rest" of the time.

In addition, coal and bailout news continued surge in electricity consumption, gate opening new coal chemical industry, iron and steel market to go warm, and so are stabilized coal to create the necessary conditions. More importantly, the business community learned from the Zhengzhou Commodity Exchange, thermal coal futures are likely to be traded in late September, and this point is undoubtedly a very scientific design, and its thermal coal is likely to become a major force behind the steering.

Liu Xintian predicted thermal coal may be nine months late, at 530 yuan / ton price level stabilized stabilized. Taking into account the winter replenishment needs, if stocks continue to keep reducing the Bohai momentum, thermal coal market outlook may rise more and more.