The coal price in Shanxi province is lower than five weeks.

Source: Internet
Author: User
Keywords Pull high place of origin coal price even drop five weeks
January 13 Morning News, this week, the Bohai Sea Power Coal price index continued a 5-week decline, the index composite average price reduced to 776 yuan/ton, compared to the 2010 peak fell 20 yuan/ton. The decline in power coal prices this week, as China's coal market vane of Qinhuangdao market power coal price decline trend.  4500, 5000, 5500 kcal calorific value of coal is 595-605 yuan/ton, 680-690 yuan/ton and 775-785 yuan/ton, the chain fell 5 yuan/ton, 5800 kcal calorific power coal will continue to maintain last week 830-840 yuan/ton price level.  This period, the Bohai Sea Dynamic Coal price index composite average price of 776 yuan/ton, the price has continued to decline for five consecutive weeks, although the decline is small, but the "buyer's Market" pattern remains unchanged. "Coal production, management and consumer companies in the coastal areas have lost confidence in the performance of the winter peak coal market," he said.  "The coal industry senior analyst Li Xuegang believes that by the recent major coal prices of the impact of sales, domestic power coal prices continue to decline channel." It is reported that last week, the international three major coal price index price mixed with each other.  Australia's NEWC coal price index rose to $129.9/ton, up 1.4 dollars from the previous week; South Africa's RB coal price index fell to $125.16/ton, down 1.69 dollars from the previous week, while the European des ARA coal Price index slid to 129.5 US dollars/ton, down 1.55 U.S. dollars. "Rising international coal prices, while boosting domestic demand for coal, are difficult to influence in the short term," he said.  "Li Xuegang thinks. But in contrast to the weak state of port coal sales prices, Shanxi coal prices after one consecutive months of decline, January 11, Shanxi Province, the coal price rebound. According to the origin and variety of different, the increase in 3 yuan/ton-5 yuan/ton.  At the same time, the coal prices in Shaanxi and northeast China have also risen in different degrees. The trend of the decline of the port coal inventory in the last week, Qinhuangdao port coal inventory kept at 6.955 million tons, the week before the chain (6.955 million tons) of coal stocks fell 1.15%.  As of January 12, Qinhuangdao port Coal inventory of 7.038 million tons, compared with the same period last year, 6.266 million tons of coal inventory growth of 10.97%, the beginning of coal demand than last year. The other two major ports in the Bohai Sea (Jingtang District, Caofeidian Port) Coal inventory continued to decline, as at January 12, Jingtang area Coal inventory of 2.96 million tons, Caofeidian port is 1.86 million tons.  The three major transit ports in the north of the coal stocks fell 3.83 to 111.858 million tons. Sea freight ushered in a long-lost rise in domestic coal shipping costs since October 27, 2010, began to enter the downward channel continuously. However, it is noteworthy that the Bohai Sea port group's coal shipping costs this week there are signs of rising. January 12, the area of 230,000 tons of ship-type to Shanghai, Zhangjiagang, Guangzhou, the coal shipping costs are 45 yuan/ton, 47 yuan/ton and76 yuan/ton, the increase was 4.65%, 2.17% and 2.56%, the shipping price to Guangzhou port is down 2 yuan/ton.  The rise and fall of sea freight charges may be indicative of a stabilization of coal prices and a decrease in the likelihood of a sustained weakening of coal demand. And the consumption of coal prices, Guangzhou port, Ningbo Port coal prices continue to remain unchanged.  The coal prices of the main power plants along the East China River fell steadily last week, nearly 50 days, the overall decline in coal prices in the region reached 23 yuan/ton, East China power plant on the low demand for coal to stabilize.  Coal industry analyst Li Chaolin that 2011 National Coal market will be more stable, coal prices will be reduced, the overall price level will be higher than 2010 average price level, the estimated price increase of more than 3%. Li Chaolin is expected to 2011 Qinhuangdao Port 5500 kcal calorific value of high quality electric coal in 720 yuan/ton-820 yuan/ton floating. (Huayan from Beijing Qinhuangdao)
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