Middlemen keep increasing the amount of coal in Qinhuangdao port stocks rebound nearly 20%

Source: Internet
Author: User
Keywords Journalist coal middleman
The two major factors of Shanxi province and the summer coal season are superimposed, it's hot. The coal market reporter 19th learned that the peak season will be stimulated, the middleman "stockpile coal" volume is increasing, thus Qinhuangdao port coal inventory has rebounded to nearly 4.2 million tons, compared to the end of April rebounded nearly 20%. "According to the recent 1-4-month-old coal production data released in Shanxi province, it shows that Shanxi's consolidation of small coal mines has never been more forceful. Everbright Securities coal industry analyst Chen Liang pointed out that April Shanxi coal production only 42.09 million tons, the last 4 years, the lowest level in the same period.  In fact, since the end of last year, Shanxi Province has not loosened the strength of coal, thus supporting the entire coal market price stability and micro-rise. "It can be said that the control of coal supply since this year has broken the judgment of many industry insiders, including power groups, about ' coal prices will fall sharply '."  "The Coal Marketing Association, a source of authority, said that the supply and demand maintained a basic balance, maintaining the stability of coal prices." Reporter noted that this year, as the market vane of Qinhuangdao port coal prices not only did not fall, but slightly rose by dozens of yuan.  As of May 19, Qinhuangdao port calorific value of 6000 kcal datong excellent mixed coal, maintained at 620-640 yuan/ton, compared to the beginning of the year has been flat. In fact, "in the past 3 April of the traditional off-season, dormant for six months, the suffering of the middleman seems to have seen the dawn of the coal market."  "The authorities said.  It should be pointed out that although the economic situation has been seriously affected by the international financial crisis, but the power of the peak summer situation still makes the power plants dare not take lightly, will undoubtedly increase coal demand. It is reported that the recent Shandong and Henan departments have said that this year's electricity to meet the peak of the summer situation will still be grim.  Moreover, the Shandong Provincial economic and Trade Commission specially convened a meeting to urge the provincial major power generation companies and local power generation enterprises to increase the power of coal transportation, to ensure that the electricity coal inventory reached more than 15 days, with lean coal power plant inventory in 20 days.  In this regard, a coal trader in Qinhuangdao also told reporters that the weather is getting hotter, the peak of the summer will usher in a wave of demand, for which he bought some coal in advance.  Moreover, the relevant personage discloses to the reporter, at present many coal brokers forecast, in the next two months, the calorific value 5500 kcal high quality coal each ton also will go up to 600 yuan. Perhaps by middlemen "coal-hoarding" role, Qinhuangdao port coal inventory into the May has begun to rebound.  As of May 18, inventories have rebounded to nearly 4.2 million tonnes, rebounding nearly 20% from their April lows. However, "the actual demand for electric coal has not been significantly improved, and the number of days the power plant can be stored is not tense."  "A power plant in Shanxi province responsible for procurement to reporters that the electricity coal will not rise, but in the" illusion "after the collapse will be lowered.  The reporter learned that as of May 17, China's direct power plant coal inventory of 30.7467 million tons, available days for 17 days, compared to the end of April, and improved one day. "It is true that there are a number of days available for coal storage in power plants, but the days areCalculated by the amount of coal consumed. In fact, from the absolute amount of power plant inventory, compared to the past few years, once the seasonal demand for electricity, coal consumption will increase rapidly, resulting in a rapid reduction in the number of days in the power plant storage, supply and demand situation will reverse.  "Coal Marketing Association authoritative expert analysis said. However, the reporter noted that as of May 17, the Central direct power plant daily average coal consumption of 1.6 million tons, not only did not significantly increase in the earlier period of a slight decline, indicating that the current demand for electricity has not significantly increased.
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