Bohai Bohai Thermal Coal Price fell below 800 yuan/ton

On the afternoon of January 5th, according to a survey conducted by the China Shipping Coal Net Index Center, the overall average price of 5,500 kcal thermal coal in the Bohai Rim has reached the NDRC limit price standard, with the Bohai Bohai Thermal Coal Price Index falling for the eighth consecutive week. It closed at 797 yuan/ton, down 11 yuan/ton from the previous week, and the tons of coal in the last eight months had fallen by 56 yuan/ton.

According to the data from the China Shipping Coal Net Index Center, Qinhuangdao 4500 calories thermal coal price is 590-600 yuan/ton, 5000 calories thermal coal price is 690-700 yuan/ton, and 5,500 calories thermal coal price is 790-800 yuan / ton, 5800 calories thermal coal price is 845-855 yuan / ton, last week, Qinhuangdao port 4,500 kcal, 5500 kcal and 5,800 kcal thermal coal trading price range than the previous reporting cycle The price of 5,000 kcal thermal coal fell by RMB 5/t from the previous week. The collection results of the Qinhuangdao Maritime Coal Trading Market show that during the reporting period, the 24-port price range for port specifications has finally ended the “all-arm annihilation” situation, and this reporting period has not occurred after five consecutive weeks without the price specification of ports in rising prices. There are 23 port specifications falling in price range, and the price range of one port specification is in line with the previous reporting period.

In terms of power plants, the overall day-to-day consumption levels of the major power plants declined last week, with a decline of 1.34%. The total daily consumption of the major power plants in the previous two weeks increased by 6.61%. The number of available days for weekly coal deposits in the power plant decreased further to 19.45 days, a decrease of 4.44% from the previous week (20.35 days).

Li Xuegang, an analyst at Qinhuangdao Coal Network, believes that although the number of days available for coal-fired inventories of major power producers has fallen, and high-inventories of coal in key shipping ports such as Qinhuangdao have declined, due to coal stocks of consumer companies, major shipping and receiving ports The level continued to be high, coupled with the upcoming Spring Festival holiday and the reduction in coal consumption, and the lack of supply and demand in the thermal coal market in the coastal region has not been greatly improved. As a result, the market price of thermal coal in the Bohai Rim has continued to decline.

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