Bohai Bohai thermal coal prices fell for the first time in March

The Bohai Bay thermal coal price index fell for the first time three months after it stabilized. The Bohai Bohai Thermal Coal Price Index shows that the comprehensive average price of 5,500 kcal thermal coal for the current period was RMB 641/ton, which was RMB 2/ton lower than the previous period.

The coal transaction price in Qinhuangdao port market remained unchanged for three consecutive weeks. The data shows that the price of thermal coal for Qinhuangdao 4500 calories is 455-465 yuan/ton, the price of 5000 calories for thermal coal is 555-565 yuan/ton, and the price for 5,500 calories for thermal coal is 635-645 yuan/ton. , 5800 kcal thermal coal price is 680-690 yuan / ton, the coal prices remain unchanged compared to last week.

The average level of thermal coal trading price for the 5500 kcal calorific value of the Qinhuangdao Port remained unchanged from last week, which was still RMB 640/ton, which was RMB 160/ton lower than the “coal” ceiling price.

The results of the current Bohai Bay thermal coal price index show that the number of port specifications with a flat price stayed at more than half, maintaining the trend of the mainstream, but the number of port specifications with a decreasing price continued to increase, indicating that there was a downward trend in thermal coal prices in the market in the region. In the current period, the comprehensive average price of thermal coal in the 5,500 kcal market in the Bohai Rim area has risen for the first time in nine consecutive weeks and remained flat for the first time, and this is the first time that the index has fallen since August 1 this year. From the perspective of the price trend of coal, the downward trend of thermal coal transaction prices in the 5500 and 4500 calories in the Bohai Rim is even more pronounced.

At present, the coal inventories of major ports in the Bohai Rim continue to rise. The high inventory of power companies has led to a decline in their enthusiasm for coal procurement. The decline in international coal prices has caused imported coal to continue to rise after a three-month fall, and coal has been imported later. There is still a slight increase in the trend, which will certainly suppress the coal market and coal prices.