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Imported coal has little impact on the domestic market in January
Source:China fertilizer network   Time:2018-01-09   Read:733second  

When winter, increased electricity load, the power plant a substantial increase in coal consumption, pull the coal market as a whole is getting better, the coal supply and demand, the market coal prices keep rising trend.

Until now, the six coastal power plant coal storage total amount to 9 million 800 thousand tons, of which, zheneng, electricity, Datang Power Plant Coal available days were only 10, 7, 11 days. Just as the railway and port are ready for a big competition, the annual sales plan of the partial coal mine station has been completed and the volume of transportation has been reduced. The environmental protection requirements of the Bohai port are strict, and the shipping efficiency is slowing down, which affects the replenishment of the power plant.
In order to solve the urgent need to protect the energy supply in the south, the state relaxed the imported coal, and from December last year to February 15th this year, it temporarily canceled the strict supervision measures for imported commodities. At present, the policies of import coal customs clearance in some regions of East China are loose, and some ships have begun to go to port and discharge the goods to replenish the stock of the power plants. Data from the General Administration of Customs showed that China imported 22 million 50 thousand tons of coal in November last year, 4 million 910 thousand tons down from the same year, and an increase of 770 thousand tons in the ring. In 1-11 months last year, a total of 248 million 170 thousand tons of coal were imported from the country, up 8.5% over the same period.
The state has temporarily cancelled the restrictive measures to import coal. In January, the number of imported coal will increase. However, the author analyzes that the lifting of import coal will not have a great impact on the coal market in January, and will not cause the phenomenon of oversupply of domestic coal market.
First of all, to enhance the winter coal supply capacity, ease the southern coal is urgent, the relevant departments of the state is only temporary cancellation of restrictions on imports of coal, and parts from the operational level to facilitate customs clearance of imported coal is the emergency measures in the short term, it is not a permanent solution. Secondly, imported coal from the order to the port, at least a month or so lag, the impact on the market in a short period of time will not be very obvious. Again, the plant inventory is too low, the stage of compensation that has not been finished, it needs some time to rush to transport and transport, coal imports will increase the plant inventory, alleviate the pressure of coal transportation along the coast. Fourth, the domestic coal price is low and the cashing rate is high. If the coal transportation efficiency of Bohai port can be further improved, the cost of coal will be better. Fifth, in the near future, foreign coal prices have increased greatly, and the price advantage is narrowing. In addition, the price of international shipping is not low, and the cost of imported coal is increasing. Therefore, even if the import of coal is limited, imports will not increase substantially.
In February this year to early March, the industrial enterprises in production during the Spring Festival, holiday effect, power plant coal consumption is greatly reduced, the coal market demand slowed; and coal imports expected factors, the domestic coal market tensions eased, the market trading price of coal will not be allowed to avoid falling.

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