Hebei Qinhuangdao Port coal inventory rose to more than 8 million tons
Hebei Qinhuangdao Port coal inventory rose to more than 8 million tons
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Guide: it was learned from Qinhuangdao maritime coal trading market that Qinhuangdao Port coal inventory rose to 8.035 million tons on March 24, 1292000 tons more than the low of 6.743 million tons on January 27; According to the latest Bohai Rim thermal coal price index, the Bohai Rim Region
according to the Qinhuangdao maritime coal trading market, the coal inventory in Qinhuangdao Port climbed to 8.035 million tons on March 24, 1.292 million tons more than the low of 6.743 million tons on January 27; According to the latest Bohai Rim thermal coal price index, in this reporting period (from March 13 to March 19, 2013, the medium level should be about 30mm lower than the workbench), the comprehensive average price of 5500 kcal thermal coal in the Bohai Rim region closed at 618 yuan/ton, which has declined for the 13th consecutive reporting period
according to the analysis of the reasons for the rise in coal inventories, insiders believe that the increase in imported coal has a great impact on the domestic coal market, thus affecting the coal drainage of northern ports. According to the data of the provincial entry exit inspection and Quarantine Bureau, in the first two months of this year, our Province imported 5.6956 million tons of coal at ports, with a year-on-year increase of 60.9%, and the unit price was about $136/ton. In addition, affected by the current domestic macro-economy, the market demand for power coal has declined, resulting in a reduction in the amount of coal discharged from the port; In addition, the recent bad weather, such as strong winds and fog, has hindered the normal coal transportation, and also pushed up the port coal inventory
analyzing the reasons for the decline in coal prices, Li Xuegang, general manager of Qinhuangdao coal trading market, believes that at present, the foundation for economic stabilization is not solid, the supply and demand of power coal market is sluggish, and the inventory of all links is in a high equilibrium state; Power demand has recovered, but it is still at a low level. At the same time, hydropower output is higher than that of the same period last year, and coal consumption of thermal power is limited. Under the influence of the above factors, domestic coal prices fell further
as for the future, industry insiders judged that the coal demand may continue to grow in 2013, but it will continue to grow at a low speed. The pressure of oversupply is still large, and the market situation is not optimistic. However, when domestic manufacturers are afraid to increase investment in research and development due to ideological biases such as urban construction, the market will generate certain demand, and the decline in coal prices is limited
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