Coal in the northern port area generally rose 5-10 yuan/ton

After two or three weeks of silence, coal in the northern port areas of Qinhuangdao Port and Jingtang Port welcomed a small increase. It is understood that since the Shenhua Group raised the coal price last Friday, coal prices in Qinhuangdao Port, Jingtang Port and other northern port areas have increased by 5-10 yuan/ton.

In this regard, the industry pointed out that the slow coal price adjustment process since December last year has basically ended, the future of coastal coal prices will further stabilize, and even achieved a slight increase.

The slight increase in coal prices was disclosed. From 11th March, Shenhua Group raised the price of lump coal, and the Huanghua Port Group rose 20 yuan per ton; Tianjin Port Shenhuazhong Block rose 20 yuan per ton, and small pieces rose 40 yuan per ton. Affected by this, raw coal prices in the Jingtang Port area have increased, raw coal prices have generally risen by RMB 10/ton, Jingtang Port has high-grade raw coal prices at RMB 825-835/ton, and large mixed coal prices have been RMB 700-710/ton.

According to information from Qinhuangdao Port, as of the 14th, all types of coal also rose by 5 yuan/ton. Among them, Qinhuangdao port 6000 Daka Datong high-grade mixed, 5500 kcal Shanxi excellent mixed, 4,500 kcal ordinary mixed coal and 4000 kcal common mixed coal, the lowest closing price is 825-835 yuan / ton, 770-780 yuan / ton , 585-595 yuan / ton and 485-500 yuan / ton. Only 5,000 calories of Shanxi's large-scale production of 670-680 yuan / ton, the same as last week.

"After entering March, as temperature gradually rises, heating power consumption will gradually decline, and at present the power plant coal inventory can still meet the average amount of more than 15 days, still at a high level, but due to the international market this year, oil, coal Both the price and the overall domestic price inflation pressure are relatively large, and the possibility of significant downward adjustment of coal prices in the coastal areas is relatively small, said Li Ting, a senior coal expert.

The coal freight index rose sharply. "In the past few years, when the thermal coal demand in the off-season began in March, thermal coal prices tend to have a certain degree of correction. However, the possibility of a correction in thermal coal prices in coastal areas in March this year is relatively small, even if there is a correction, callbacks. The rate will not be great, and the callback time can be very short,” he said.

In this regard, another senior coal expert Li Chaolin holds a similar view. He even believes that the slow coal price adjustment process since December last year has basically ended. In the future, coastal coal prices will further stabilize and even rise slightly.

In fact, before the coal price, the coastal coal freight rate has risen sharply. According to data from China Shipping Network, on March 9, the coastal coal freight index continued to rise to 1715.43 points, an increase of 11.9% compared with a week ago.

Moreover, a number of coal experts pointed out that international oil prices have a certain stimulatory effect on international coal prices. Under the background of rising international oil prices, the probability of a sharp decline in international coal prices in the short term is extremely low, and more is a high level of shock.

It is reported that as of now, Australia's Newcastle Port thermal coal price of 129.68 US dollars / ton, slightly higher than last week, is still at a historical high.

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