The first snow in 2018 came more fiercely than ever.

The Central Meteorological Observatory released the orange warning of Blizzard again at 6 o'clock on 4 th. It is estimated that at 8 o'clock on the 5 th, there will be heavy snowstorm in the central and southern parts of Henan, the eastern and central parts of Hubei, the northwest of Hunan, the large part of Anhui and the large part of Jiangsu. The Central Bureau of Anhui, southwestern Jiangsu and other places with the great blizzard of 20-30 mm, northwest Hunan, northeast Guizhou local rain. The snowfall measurement in some areas may be close to or exceed the historical period of the same period.

The evening of January 3rd, Shaanxi and Shanxi Eyu Anhui and other places have ushered in the blizzard, part of the local high-speed traffic has been affected by this, as the already tense winter coal transportation market adds problem.

According to the data of Yulin coal trading center, as of 7:45 on January 4th, Hebei, Shanxi, Jiangsu, Shandong, Henan, Hubei, Anhui, Sichuan, Shaanxi, Shaanxi, Shaanxi, and the 12 provinces and municipalities within 111 provinces and highways were closed. 19 of the main coal producing areas in Shanxi are closed, 13 in Shaanxi, and 21 in Henan.

"The impact of this heavy snow on coal prices depends on the extent of snow. However, under the background of difficult transportation in the coal market, the weather factors will only increase." A German futures analyst off Italy said that the current Inner Mongolia area pit coal is only 400 yuan / ton, the northern port coal prices have exceeded 700 yuan / ton. The domestic power coal market has a high port price, and the price of the pit is not raised, which is mainly caused by poor transportation. On the eve of new year's day, due to the completion of the railway capacity, the coal capacity plan was reduced, and now it was near the spring transportation, and the coal capacity could not be raised. At the same time, due to environmental protection, motor overload limiting factors, there are also the shipment period is longer, the higher the freight.

Data from Taiyuan coal trading center showed that as of January 1st, the port port coal field in Qinhuangdao had 6 million 590 thousand tons. The structural shortage of coal storage in Bohai port continued to exist. The number of anchorage ships in the port hit a new high within a year, and the delay of ship's detention time aggravated the market bullish sentiment. Port coal prices remain firm, and North Port traders say there are still about 4 million tons of demand in the lower reaches. Because the car is difficult, the port spot resources are few, some of the power plants with low stock are urgently purchased, the transaction price is slightly higher, and the 5500 big card coal is generally quoted by about 710 yuan.

"Near the end of the year, the enthusiasm of coal production is weak, so the market supply in the near future is on a continuous tight state." Zhuo analyst Jin Wenjuan said that after the new year's day, Shaanxi Yulin, Shanxi, Datong and other 5500 kcal coal prices up again about 10 yuan / ton, the northern port 5500 kcal coal is about 10 yuan / ton rose.

It is said that the current 5500 card power coal port price has been up to 710 yuan / ton, some traders have slightly better quality coal products, the bid price has reached 720 yuan / ton, compared with the same period last year, the price of port power coal is only 620 yuan / ton.

Because of the heating in winter, it is still in the peak season of power coal consumption in January. At present, the daily consumption of six large coastal power plants is higher than the previous year, but the stock of Qinhuangdao is nearly 1 million tons lower than the same period last year, so the market bullish sentiment is strong.

In addition to coal price increases, the recent coking coal prices in some areas also appeared the phenomenon of compensatory growth. It is reported that in January 1st, Shanxi coking coal group of non long association users put up the coking coal and fat coal price 80 yuan / ton to 100 yuan / ton.

Or affected by this, in the early January 4th, coal tar commodities led the domestic futures market, and as of the afternoon closing, the main contract of coke increased 1805 and 3.06%, and the main contract of steam coal increased 1805 1.56%. The stock market, as at the closing, CITIC primary coal sector rose 0.91%, the East Wing baotailong shares rose 8.26%, rose 6.27%, Shanxi coking rose 4.45%.

For the price trend of late, off Italy that the power coal, coking coal prices are in a higher position. In March the weather warming, coal power in the peak season demand, prices will remain high, or there is a slight hike space as the weather changes. Coking coal has no new production capacity in the past year, and the downstream demand is exuberant, the price comparison power coal will be stronger.

Jin Wenjuan said that from late December to early January is the peak period of winter coal consumption, and in late January, because downstream industrial coal enterprises continue to shut down and repair, demand will decline, which will affect the trend of coal prices.