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Price of power coal around Bohai Sea is reported as 551 yuan / ton
Time:2019-12-26   Read:817second  

During the reporting period (December 18, 2019 to December 24, 2019), Bohai Rim power coal price index closed at 551 yuan / ton, up 1 yuan / ton month on month.

.One or two years ago, the supply contracted rapidly, and the price of coal in the production area rose. In recent years, major coal mine accidents have occurred frequently, and special safety control has been tightened. The miners who have completed the annual production task have taken the initiative to reduce production. Some mining areas have successively issued the annual leave and shutdown announcement, and the operating rate has declined significantly. The final coal price has been increased in the production mines, and the comprehensive shipping cost to the port has increased.

The enthusiasm of railway transportation is not good, and the railway traffic volume of the port is kept at a low level. Before the year, the trade households accelerated the delivery and payment collection, and the transactions in the middle and lower reaches were acceptable. The transfer port is in a state of net transfer out of money in this period. The coal inventory in qintangcang area around the Bohai Sea has dropped below 20 million tons, and the inventory of ports along the river has also dropped significantly. In addition, coal storage in the six major power plants of duyen Hai group dropped to less than 16 million tons, and the positive sentiment of the market was brewing in successive warehouses.

On December 24, 2019, the freight index closed at 909.69, down 104.22 points or 10.28% compared with December 17.

for some main ship types and routes, on December 24, 2019, compared with December 17, 2019, the average freight rate of coal for 50000-60000 ton ships on Qinhuangdao Guangzhou route decreased by 5.7 yuan / ton to 41.5 yuan / ton; the average freight rate of coal for 40000-50000 ton ships on Qinhuangdao Shanghai route decreased by 4.4 yuan / ton to 34.2 yuan / ton; the average freight rate of coal for 40000-50000 ton ships on Qinhuangdao Jiangyin route decreased by 36.1 yuan/ Ton, down 4.4 yuan / ton on a month on month basis.

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