Bohai Bohai Thermal Coal Price

The comprehensive average price of 5,500 kcal thermal coal in the Bohai Rim region closed at RMB 545/ton, which was RMB 8/ton higher than the previous reporting period.

In this report, the trading prices of mainstream thermal coal varieties in the Bohai Rim region are as follows:

Heat capacity of 5,500 kcal/kg thermal coal: The mainstream transaction prices in Qinhuangdao Port, Caofeidian Port, SDIC Jingtang Port, Jingtang Port, Tianjin Port, and Huanghua Port were reported at RMB 540-550/tonne and RMB 535-545 respectively. / Ton, 550-560 yuan / ton, 550-560 yuan / ton, 545-555 yuan / ton and 530-540 yuan / ton. Among them, the trading price range of Qinhuangdao Port, SDIC Jingtang Port, Tianjin Port and Huanghua Port has risen by RMB 5-15/t compared with the previous reporting period; the transaction price ranges in the other two ports are equal to the previous reporting period. .

Heat capacity of 5,000 kcal/kg of thermal coal: The prevailing transaction prices at Qinhuangdao Port, Caofeidian Port, SDIC Jingtang Port, Jingtang Port, Tianjin Port, and Huanghua Port were reported at 495-505 yuan/ton and 485-495 yuan respectively. / Ton, 480-490 yuan / ton, 485-495 yuan / ton, 480-490 yuan / ton and 495-505 yuan / ton. Among them, the trading price range at Qinhuangdao Port was RMB 20/t higher than the previous reporting period, and the transaction price range of Caofeidian Port, SDIC Jingtang Port, and Tianjin Port was RMB 15/g higher than the previous reporting period, Jingtang Port. The transaction price range with Huanghua Port has increased by RMB 10/t compared with the previous reporting period.

According to the results of the collection and calculation of the transaction prices of the six ports in the Bohai Rim, the number of port specification products that rose in price in the 24 port specification products of the report period was equal to 19 in the previous reporting period; the number of port specification products with the same price as before One reporting period was five; there was no port specification with a price drop.

The operational results of the Bohai Ring Steam Coal Price Index during the period of this report indicate that: (1) In the current period, the proportion of port price increases in price increase is still two-thirds, and the increase has increased, indicating that the thermal coal transaction price in the region The upward trend continues to increase; (2) In the current period, the transaction prices for two types of low calorific value thermal coal of 5,000 calories and 4,500 kcal continue to maintain a strong upward momentum, and further affect the 5500 kcal; (3) Current period, 5500 calories The comprehensive average price of Kcal/kg thermal coal rose by RMB 8/t, rising for the fourth consecutive week.

According to the analysis, the main reasons for the increase in the trading price of thermal coal in the Bohai Rim region during the current period are:

First, the economy is picking up, the output of hydropower is decreasing, and the demand for winter storage continues to be released.

According to data from the National Bureau of Statistics, China’s GDP growth rate in the third quarter was 7.7%, higher than that in the first half of the year, and all macroeconomic data continued to improve, indicating that China’s economy is gradually picking up. At the same time, as of October 2013, the China Mining Federation PMI index was above the rising and falling watershed for 13 consecutive months, and the HSBC PMI index had returned to 50.9, indicating continued recovery of the manufacturing industry in China and increasing power demand.