Mysteel terminal inventories have declined significantly, and the market price of thermal coal has r

Mondo Finance Updated on 2024-01-31

If you want to know more exciting content, come and pay attention to my steel production area, individual coal mines have completed the annual production task and stopped production, and the overall ** level has been slightly reduced. At present, the road transport conditions have been significantly improved, and the turnover efficiency of automobile transportation has been improved, but the queuing of coal cars in the mining area is less, and the coal price is mainly stable. In order to stimulate sales, some coal mines have slightly lowered coal prices due to a small amount of inventory, and the price adjustment range is mostly 5-10 yuan tons.

In terms of ports, yesterday's market continued to be 5-10 yuan tons, and the downstream price reduction phenomenon was serious, and the Q5000 market was 815-825 yuan tons, and the overall market transaction center of gravity shifted downward. At this stage, the demand continues to run weakly, and some ** merchants are stepping up shipments, but the downstream acceptability is limited, and the transaction performance is not smooth. The market outlook needs to continue to pay attention to the rhythm of terminal procurement and port inventory changes, as of December 26, the inventory of the eight ports around the Bohai Sea was 252030,000 tons, a decrease of 21 from the previous day60,000 tons.

With the sudden drop in temperature, the daily consumption of power plants has increased significantly, and under the influence of cold air, the inventory of individual power plants has dropped significantly, and the available days of most power plants are currently maintained at 10-15 days. Although there is the support of long-term agreement to ensure supply, some coal mines have stopped production after the completion of the annual production task, resulting in a slight reduction in the first grade. At present, the downstream demand has not been significantly released, but at this pace, it is necessary to continue to pay attention to the inventory and available days of power plants.

To sum up, the market has entered the game stage, in the context of the reduction of power plant inventories and the decline in power plant inventories, the market is about to usher in fluctuations, the current pattern, the later market ** or will be slightly raised after the stabilization again.

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