Bohai Rim port market sentiment continues to be sluggish,Railway shipment volume remains at a medium to high level,The number of ships in the port anchorage is too low,Port inventory accumulates rapidly,There is great pressure to clear the port。The daily consumption of downstream power plants increases slowly,Low motivation for purchasing,Just need a counteroffer to lower the price,The market is bearish,The transaction price dropped slightly。This week,Port coal price fell by 13 yuan/ton,The decline expanded from the previous week。Next week,Under pressure from high inventory,Traders speed up shipments,Prompts port 12bet casino to continue to fall;But supported by cost,It is impossible for 12bet casino to fall even further。Expected next week,The decline in 12bet casino narrowed significantly,Port coal price fell around 8 yuan/ton。
Currently,The Bohai Rim port market is under great pressure to ship goods,But shipping costs are also high,Traders are resistant to price cuts,The price drop is limited,It is difficult to fall below 810-820 yuan/ton。It’s already the end of November,This time in previous years was the coal preparation season for "peak winter"。But there is something strange this year,After the Daqin Line maintenance is completed,Full load and saturated transportation,Building warehouses for ports and downstream power plants,Promoting the rapid increase of inventory in ports around the Bohai Sea。And high inventory plus high imported coal,And railway high entry train、Low daily consumption of power plant,Under strong pressure from three highs and one low,Thermal 12bet casino at pitheads and ports continue to fall,Market bearish sentiment intensifies。
From the current coal market supply and demand,Coal mine capacity utilization rate in main production areas increased month-on-month,Major coal mines increase external transportation,The railway will make full incremental payment of arrears,The overall market supply is relatively sufficient。And the terminal is not short of coal,User cannot digest and absorb,Not much purchasing and shipping。Although thermal power has begun to generate power recently,Daily consumption of power plants in eight coastal provinces rises to 1.97 million tons,But thermal coal inventories in key power plants and coastal power plants are still high,It will take some time to consume。Recent,With policy support,Chemical user demand remains resilient,Dan Steel、The building materials end’s support for market coal procurement is weak。Can port 12bet casino stop falling and rebound in the future?,Can the market improve?,Need to pay attention to the peak coal consumption season in winter,The daily consumption increase rate of coastal power plants and the destocking process of ports around the Bohai Sea。
This week,A slight increase in anchor ships and forecast ships in ports around the Bohai Sea,Shows demand is slowly improving。But under the situation of loose supply,Inventory accumulation in Bohai Rim ports,There is great pressure to clear the port。The author estimates,12bet casino will not drop much in the future,It is difficult for port 12bet casino to fall below 810-820 yuan/ton;Winter season,The market will obviously improve。First,Origin market remains strong,The seller is slow to reduce prices,High shipping costs support 12bet casino。Secondly,Gradually entering winter,Daily consumption of power plants continues to rise,The overall demand for electricity and coal consumption increases;And hydropower generation is weak in winter,Increasing pressure on thermal power。Again,Winter twelfth lunar month,Part of the coal mines’ annual production tasks completed,Reduced production and shipping,It is only a matter of time that the shipping volume of the Daqin Line will decline;After the Bohai Rim port inventory accelerates and drops to 20-21 million tons,12bet casino will have a chance to stop falling and rebound。(This article is an exclusive report by Ordos Coal Network,Please indicate the source for reprinting,Thank you!)
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