If you want to know more exciting content, come and pay attention to my steel's recent thermal coal market has been running steadily. At present, the large state-owned mines in the production area maintain normal production, private coal mines have resumed work and production one after another, and the overall coal level has rebounded steadily; The temperature drops in snowfall weather, and the downstream replenishment demand for resumption of work and production after the holiday is released, the market atmosphere is improving, and the favorable factors of the port in the past 2 days have formed a support for the coal price in the production area.
On the demand side, the current terminal daily consumption is still in a holiday state, and the full recovery is expected to be after the fifteenth day of the first month, during the holiday period, the terminal base warehouse, the inventory returned to the same period last year, and the overall procurement pressure is small. In terms of non-electricity, chemical coal consumption remains normal, demand release is limited, and the current inventory of each link is relatively sufficient, and the downstream replenishment willingness is insufficient. This article will interpret the sample data of terminal power plants last week, and briefly analyze the recent market and the subsequent factors affecting demand.
According to Mysteel statistics, as of February 16, the total coal storage in the sample area of 257 power plants across the country was 4,67970,000 tons, down 4230,000 tons, daily consumption 24840,000 tons, down 490,000 tons, available for 18 days8 days, an increase of 02 days.
Data**: Ganglian terminal.
According to the data, during the festival, the rain and snow in various places subsided, the impact of the cold wave weakened, the demand for industrial electricity and coal gradually weakened, and the daily consumption of power plants fell as a whole; Under the guarantee of passive storage and long-term agreement, the inventory of the terminal is enough to cover the demand for coal consumption during the holiday, and the procurement rhythm continues to remain stagnant. In late February after the holiday, the seasonal coal demand in winter will gradually fall, the demand for industrial electricity is limited, and the downstream terminal coal is mainly long-term and supplemented by imported coal, and it is expected that the power industry procurement will have limited support for the market coal.
The following is a survey of some regional terminal power plants:
Power plant A in central China: consumption maintenance, load 85%.
East China Regional Power Plant B: For many days of windy and cold weather, the anchorage ships have not been able to receive and unload.
South China regional power plant C: single unit operation, the consumption and storage are at a low level.
Power plants in Northwest China D: load maintenance, slight fluctuations in the range of consumption.
In terms of weather, from the 20th to the 22nd, there will be a wide range of rain, snow and freezing weather in the central and eastern regions, and some areas in the western and southern parts of North China, Huanghuai and other places will have heavy to heavy snowfall, and local heavy snowfall; Parts of Henan, Anhui, Hubei, Hunan, Guizhou and other places will have freezing rain or ice particles; From the 23rd to the 26th, there will also be a large-scale rain, snow and freezing weather process in China; In the next few days, there will be more rainy weather in Jianghuai, Jianghan, Jiangnan, and western South China, and the cumulative number of precipitation days can reach 6 8 days, of which there will be sleet or snow in Jianghuai, Jianghan, northern and western Jiangnan. In the next 10 days, the average temperature in most parts of the country will be lower than that of the same period in normal years1 3, and some areas in Xinjiang, Shaanxi, southern North China, Huanghuai, Jianghan, western Jianghuai and western Jiangnan will be lower 4 7; The average temperature in the southeastern part of the Yangtze River, the southern part of South China and the eastern part of Yunnan Province was 2 4 higher than that of the same period in normal years.
To sum up, although the current Spring Festival holiday has ended, due to the fact that some downstream high-energy-consuming enterprises will not fully resume production until the fifteenth day of the first lunar month, the daily consumption of power plants has still not been able to get out of the trough, which is significantly lower than the same period last year, and the number of available days of coal storage has passively rebounded. Affected by the cold wave, there will be a large-scale rain and snow cooling process in the central and eastern regions, which will lead to an increase in coal consumption, coupled with the increase in port **, or drive the release of some power plant replenishment demand.
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