Power coal market price rose slightly (12.23-12.27)

1、 Price trend

 

This week (12.23-12.27), the power coal market rose slightly, according to the monitoring of the business news agency. The price of power coal at the beginning of the week is about 556 yuan / ton, and the price at the end of the week is around 559 yuan / ton. The price at the end of the week is 0.54% higher than that at the beginning of the week.

 

2、 Analysis of influencing factors

 

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Supply side is relatively reduced, market price is slightly higher

 

According to the business association, on the one hand, after entering the winter, the environmental protection will be strengthened. In addition, the early coal mine accidents will cause the coal security inspection to be strengthened again, which will lead to the increase of coal production stop and production restriction, and the transportation volume will be significantly reduced. On the other hand, the port power coal storage will also be significantly reduced, the market spot is relatively short, and the market quotation will be increased.

 

Large increase of daily consumption of power plant supports the formation of power coal

 

With the arrival of the late winter season, the daily consumption of the power plant is gradually increasing in December, and the inventory is correspondingly reduced, which forms a certain support for the power coal. According to the information of the business agency, as of December 26, the six coastal power plants had an inventory of 16.04 million tons, a daily consumption of 774300 tons and a usable period of 20.72 days.

 

3、 Future forecast

 

Business analysts believe that: on the one hand, affected by the environmental protection policy of the production area, the supply of power coal has been reduced at present, on the other hand, the daily consumption of downstream power plants has increased. In a comprehensive view, it is expected that the power coal market will continue to explore slightly in the short term.

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