If you want to know more exciting content, come and pay attention to my steel During the Spring Festival, most of the coal mines in the producing areas have entered a state of closure, and they will continue to operate steadily. After the Spring Festival holiday, some coal mines have resumed production and sales, but the centralized resumption rate is low, the overall production is still limited, and the large-scale snowfall in the production area has led to the restriction of coal mine transportation. This article will briefly interpret the weekly thermal coal mine survey data, as follows:
1. Coal mine sales in Shaanxi.
According to this week's Mysteel thermal coal mine data, the sample operating rate in Shaanxi is 707%, an increase of 14 week-on-week4%, individual private coal mines in Shaanxi resumed production, state-owned coal mines normal production and supply, the overall level increased slightly compared with the previous year, but the overall market is still tense. According to the survey data, the sample inventory of Shaanxi coal mines this week was 7340,000 tons, an increase of 20 week-on-week60,000 tons, the resumption of coal mine sales were flat, and some coal mines in Shaanxi Coal were auctioned during the week, and the auction results were generally ** compared with the previous period, and the market sentiment was slightly boosted. Recently, there has been widespread snowfall in many places, and traffic control has been implemented on many highways in the area at the beginning of the week, which has a certain impact on the pit mouth hauling, and the normal traffic is basically restored.
*: Ganglian data.
*: Ganglian data.
2. Coal mine sales in Inner Mongolia.
According to this week's Mysteel thermal coal mine data, the sample operating rate in Inner Mongolia is 753%, an increase of 11 week-on-week2%, most coal mines in the region are in normal production, coal mines have basically resumed production, and the level of coal has risen steadily. According to the survey data, the sample inventory of coal mines in Inner Mongolia this week was 4960,000 tons, an increase of 13 week-on-week90,000 tons, late on the weekend, the impact of snowfall weather gradually subsided, the road transport of automobile transport has eased but not fully recovered, the overall atmosphere of the pit mouth is general, coal plants and first-class merchants maintain a wait-and-see attitude, some coal mines due to snowfall shipments are blocked, the inventory is slowly released, individual coal mines to stimulate sales to reduce coal prices, the market as a whole is stable.
*: Ganglian data.
*: Ganglian data.
To sum up, this round of supply and demand can be basically determined to be a short-term supply and demand mismatch caused by the reduction of supply side under the holiday factor, and with the basic full resumption of work after the 15th Five-Year Plan of coal mines, the market tension has eased. However, the safety supervision situation in the main coal producing areas is strict and the important meeting is approaching, the increase may not be as expected, and the market bullish expectations still exist, but in the case of a large number of imported coal supplements and the economic recovery is still unclear, the market outlook is uncertain. In the later stage, it is necessary to pay attention to the changes in port inventory and the centralized replenishment of non-electric industries before the resumption of work.
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