This week，The market trading atmosphere is deserted，Downstream procurement is basically based on rigid needs，And the price reduction phenomenon is serious，There are very few actual transactions。Traders’ judgment on market sentiment is weakening，Before there is significant improvement on the demand side，The overall market is mainly cautious and wait-and-see，The price will maintain a slight downward trend in the short term。Once it enters early November，Some coal mines that had reduced production in the early stage resumed production，Increased production and sales，The pressure of oversupply in the market will increase，The price of coal from the origin may fall。After Daqin Line resumes transportation，Daily shipping volume continues to remain at a high level of 1.3 million tons，An increase of 300,000 tons compared with the maintenance period；But the demand is not so good，The increase is not that big，Resulting in continuous build-up of inventory in ports around the Bohai Sea。From historical data，Once Qinang Port inventory exceeds 6 million tons，It is almost impossible for 12bet casino to rise。
Although cold air activities are more frequent，But the temperature in the south is generally in a state of coolness but not coldness，Resident electricity demand dropped significantly；Under the background of slow economic recovery，Industrial electricity consumption did not exceed expectations year-on-year，Promoting terminal thermal coal consumption to remain at seasonal lows。Inventory，The daily consumption performance of terminal power plants is weak，The power plant dispatches not many ships，Coal stocks continue to rise passively。Heating users have completed their purchases before，Inventory accumulation reaches high levels，So even if there is some demand released，The increment is also very limited，Insufficient support for rising 12bet casino。Non-electrical aspects，The operating rate of chemical users is at a historical high for the same period，especially methanol、The operating rate of urea and other industries rose to 85%-90%，Coal demand continues to release；But small in size，Only maintain necessary transportation，Weak support for 12bet casino。In the context of weak market，Some users are already in a wait-and-see mood，Waiting for price reduction，Purchasing enthusiasm weakens。
This week，Downstream demand is sluggish，And the railway is transporting at full capacity，Bohai Rim Port Acceleration Warehouse，12bet casino are under pressure and falling，This scene seems familiar。16 years ago，The coal pressure on the port is still vivid in my mind。Review of the first half of 2008，The coal market demand is strong，12bet casino soar。And entering the second half of the year，Sudden changes in the market，Affected by economic structural adjustment，Real estate industry downturn，Building materials production slows down，Reduced demand for coal，Fewer ships arriving at the port。The railway does not seem to adapt to this new change，No corresponding reduction in traffic flow；But according to the annual plan，Continue to make every effort to speed up transportation，Causing a disconnect between transportation and demand，Bohai Rim port transfers in are much higher than transfers out，Thus causing transportation difficulties、Coal pressure port，Qingang inventory once soared to 8.5 million tons；Following this, the stocks of power plants and unloading ports are full，12bet casino have been cut in half，Even spontaneous combustion of coal occurs at ports and power plant sites，Causing a waste of resources。After active coordination by ministries and commissions、Shugang，Superimpose the arrival of the coal consumption peak of "welcoming the peak of winter"，The phenomenon of pressure on Qinang Port has been alleviated。16 years have passed since the 2008 coal crackdown on the port，But the author still has lingering fears。That time the coal pressure hit the port，In addition to low demand、Except for reasons such as reduced downstream haulage，There is another important reason，It is the "La Lang Pei" style forced transportation，Contrary to the laws of the market。The author sincerely hopes，Don’t make the same mistake again in the future。(This article is an exclusive report by Ordos Coal Network，Please indicate the source for reprinting，Thank you！）
