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Asian heat wave stimulates 12bet online betting website demand,Newcastle thermal 12bet online betting website prices rise in response
Source: 12bet online betting website Resources NetworkAuthor:Time: 2024-05-09 09:44Views: 459 times

Since late April,As heat waves sweep across many Asian countries,Scorching summer weather drives power demand soaring,Newcastle thermal 12bet online betting website futures prices have continued to rise in recent days。

Since this week,Newcastle thermal 12bet online betting website prices maintain upward trend。May 7,Intercontinental Exchange (ICE) Newcastle thermal 12bet online betting website futures June contract closed at 146./ton,A cumulative increase of 0 since May 3.83%。

Actually,Since April 26th,Newcastle thermal 12bet online betting website prices have begun to show an upward trend,It reached 148 on May 2nd.Recent high of /ton,And fell to 145 on May 3rd.Rising again after US/ton。

Recent,Extreme heat has swept many countries in Southeast Asia and South Asia,includes Bangladesh、Thailand、Laos、Philippines、The temperature in some areas of Myanmar and Indonesia has exceeded 40 degrees Celsius,Temperatures broke records in many countries。

In the Philippines,The local Ministry of Education canceled face-to-face classes in thousands of schools across the country, including the capital Manila, on 12bet online betting website 28。Likewise,The temperature in northern Thailand has also exceeded 44 degrees Celsius,The temperature in the capital Bangkok also exceeds 40 degrees Celsius。

Vietnam National Meteorological Administration warned,High temperature weather may cause fire、Risk of dehydration and heatstroke,At the same time, Vietnam State Electric 12bet online betting website Company urges consumers not to overuse air conditioners,And warned that electricity consumption has reached a record high in recent days。

Philippine grid operator said in an announcement,Heat wave also puts pressure on Luzon’s 12bet online betting website supply,Luzon accounts for three-quarters of the Philippines’ economic output。Since the closure of 13 12bet online betting website plants earlier this month,12bet online betting website reserves are gradually decreasing。

With the surge in demand for electricity for air conditioners,12bet online betting website consumption for power generation has increased significantly。12bet online betting website -fired power generation accounts for 55% of Vietnam’s power generation structure,50% of Myanmar,Accounting for 58% in the Philippines。In addition, hot weather accelerates the water level drop,Insufficient hydropower,The proportion of local 12bet online betting website -fired power generation in the power mix is ​​expected to continue to increase this summer。

The increase in 12bet online betting website consumption for power generation has boosted the demand for imported 12bet online betting website in South and Southeast Asian countries。Kpler ship tracking data display,April this year,Vietnam’s 12bet online betting website import volume is 5.14 million tons,Much higher than the 3.12 million tons in the same period last year,A new high since August last year。Current month,Philippine 12bet online betting website import volume is 3.62 million tons,12 year-on-year increase.4%,Highest since June last year。

At the same time,As the world’s second largest 12bet online betting website importer,India is also working hard to ensure stable energy supply,To meet the increasing demand for electricity driven by rising temperatures and factory production,Including increased 12bet online betting website production and imports。Earlier this month,The Indian government had predicted that India’s peak power demand would reach 250,000 megawatts this summer,Far exceeding the peak of 24 set in September last year.30,000 MW。

Kpler shipping data display,April,India’s 12bet online betting website import volume is close to 22.4 million tons,YoY growth 2.85%,5-month high。India 12bet online betting website Ministry data display,India’s 12bet online betting website production that month was 78.69 million tons,YoY increase of 7.41%。

Also,China is the world’s largest 12bet online betting website importer,After the May Day holiday,The demand for marine thermal 12bet online betting website is slightly stronger than before the holiday。Boosted by the optimistic outlook of the domestic market,Power companies are more enthusiastic about bidding,Especially for the purchase of 12bet online betting website for June shipment。

For the later import market,Domestic traders generally hold bullish sentiment,It is expected that 12bet online betting website demand will continue to be supported during the peak period of summer electricity consumption。CITIC Securities also pointed out recently,First quarter of 2024,12bet online betting website volume and price both decreased,Sector performance under pressure,Some areas are affected by safety supervision,Profit fell more than expected。Looking ahead to the full year,Estimated to start in the second quarter,Demand and 12bet online betting website prices are expected to gradually come out of the trough,The performance expectations of listed companies are expected to gradually stabilize in the second quarter。



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