December 5 Domestic Coal Market Quotes

The coastal market is currently under-demanding, and the downstream companies have high stocks. The warmer weather and sluggish industrial operating rate lead to coal consumption status. As of November 20, the coal inventory of national key power plants totaled more than 80 million tons, and the average number of available days remained. For 21 days, this level was significantly higher than in the same period in recent years. Coastal power plants have little enthusiasm for purchasing, coupled with long rumors about the NDRC's price limit, the market has a more wait-and-see attitude, and traders have a more wait-and-see attitude. As a result, port coal prices continue to recover, and the current price gap continues to shrink over the same period of last year. Compared with the port market, the Hangkou market is changing, there is no obvious change in the enthusiasm of downstream power plant purchases, coal companies are relatively stable, and coal companies are not enthusiastic about price adjustment. In some areas, the mine output caused a decline in the output, resulting in tight supply and demand, but the mainstream is still stable.

Coking coal market prices have not changed much. Recently, the stock of steel products has decreased slightly. Steel mills and coking plants have also begun to purchase coking coal. The reduction in coal mine production and deposit rates has played a positive role in the market mentality. As the coal mines in various regions complete their annual production tasks, the scope of restricted production will begin to increase, which will have a significant impact on the market supply, especially the weak coking coal market.

The current downstream chemical market conditions are generally low, and the factory's production enthusiasm is not strong. Therefore, there is no obvious increase in the willingness to purchase raw materials, and the signs of winter storage are not obvious. This year's procurement by coal companies is obviously much easier than last year. This also led to the impact of the coal mine taking the goods, coal mines take a little weak. However, coal mines have started to limit production and safety, and coal prices will not be willing to adjust prices when the high coal prices have been adjusted back last week.

The price of injected coal is temporarily stable. The current down-stream market conditions are sluggish, and there is little enthusiasm for raw material purchases. There is a slight pressure on the injection and shipment conditions and the prices are temporarily stable.