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The price of power coal around Bohai Sea is quoted at 578 yuan/ton.
Time:2019-03-28   Read:676second  

During the reporting period (March 20, 2019 to March 26, 2019), the power coal price index around the Bohai Sea closed at 578 yuan/ton, which was flat.

_From the calculation results of transaction prices of six ports around the Bohai Sea, we can see that in the current reporting period, the number of specifications with declining prices was 9, and the number of specifications with flat prices was 15.

_Analysis shows that several factors mentioned in the previous period continue to have an impact on market prices. In this period, on the one hand, the main transport corridor has been repaired one after another, and the quantity of goods gathering port is limited; the Australian coal customs clearance cycle has been prolonged, and the shortage of high calorific value coal has been highlighted, which makes the quotation of goods relatively firm; on the other hand, when the power plant enters the off-season maintenance period, the procurement demand is difficult to release on a large scale; the origin has entered the resumption mode one after another, the supply tends to increase, and the buyer is more willing to lower the price. Strong. The coal market continues to maintain the weak situation of supply and demand, which makes the price of power coal around the Bohai Sea stable in this period.

On the coastal shipping market, the Ocean Coal Freight Index (OCFI) issued by Qinhuangdao Coal Trading Market shows that the domestic Ocean Coal Freight Index continued to rise during the reporting period (March 20, 2019 to March 26, 2019). On March 26, 2019, the freight index closed at 713.39, up 76.04 points, or 11.93%, compared with March 19.

On March 26, 2019, compared with March 19, 2019, the average coal tariff of 50,000-60,000-ton ships on Qinhuangdao-Guangzhou route increased by 4.2 yuan/ton to 31.8 yuan/ton; the average coal tariff of 40,000-50,000-ton ships on Qinhuangdao-Shanghai route increased by 5.2 yuan/ton to 26.9 yuan/ton; and the average coal tariff of 4,000-50,000-ton ships on Qinhuangdao-Jiangyin route increased by 52 yuan/ton./ Tons to 28.9 yuan/ton.

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