It is reported, this week 5500 kcal of coal at 497 yuan / ton, rising continuously for two weeks after stop. The mainstream of calorific value of 5500 kcal / kg of steam coal in Qinhuangdao port, Huanghua port, Tianjin port, Caofeidian, SDIC Jingtang Port and port price closed at respectively: 490-500 yuan / ton, 495-505 yuan / ton, 490-500 yuan / ton, 490-500 yuan / ton, 495-505 yuan / ton, 490-500 yuan / ton.
Analysis of influence factors
Products: in October 29th, Bohai sea power coal price index report Qinhuangdao seaborne coal market released at 497 yuan / ton, unchanged from the previous reporting period.
Industrial chain: Although the winter peak coal approaching, the power demand is still in the doldrums, electricity consumption of electric enterprises on low lead prices to wait and see. As of 27 coastal inventory six power plant 14009000 tons of power plant coal consumption 544000 tons total power plant inventory available for 25.75 days of inventory available days still belongs to high power plant. In addition, as of 28 the four central Bohai port coal stockpiles totaled 18364000 tons, a greater period of Qin line maintenance dropped 1866000 tons, also in the high.
Industry: the impact of tariff increases on the price of coal is the most direct, can make the electric enterprises and reduce the volume of imports, other policies on the impact of the coal market remains to be seen, although the government hopes to guide the domestic coal industry to accelerate inventory and capacity to process, but the overcapacity problem still exists, although the coal policy to rescue the market steady now. But in the overdraft future.
China announced to levy import tariffs on coal, the Australian coal industry caused unease, October 22nd, Reuters quoted the Australian news media said China agreed to the Australian coal shall be exempted from tariff, but free trade after the signing of the agreement need half a year before the execution, the short-term effect of Australian coal is still subject to import tariffs.
Macro: with the changes in the domestic economic structure, our country is becoming more and more fast pace of economic transformation, coal is a serious pollution resources, contradiction and ecological protection is becoming more and more dominant, this is a positive change in the nation's economy. If the coal industry does not actively changing to adapt to their own situation need, is the coal enterprises difficulties can be solved.
Conclusion and Prospect
According to price monitoring, the last three months of power coal price first crazy down slightly, 9 month rose 4 yuan / ton has been in a stable situation, but also recently showed signs of recovery. Business agency coal analyst Cheng Hao that the coal in winter and increasing positive policy to rescue the market will boost the coal market to pick up, but the downturn in consumption and high power companies inhibitory effect on coal prices coal stocks rebound still can not be ignored, coal difficult to sustain a substantial rise.