Results from 7 august to 13 august on the price of powered coal in ports at the ring sea
From 7 august to 13 august, the great wall news service (a correspondent for journalists and smokers) reported $576 per ton of the ring sea power coal price index, based on the latest data released by the qin imperial sea coal trading market。
From the results of the collection of the prices of the six port transactions in the rim sea, of the 24 specifications for the reporting period (7 august to 13 august), the number of specifications below the price was 9 with a drop of $5 per ton and the number of specifications at the same price was 15。
Transport in the rim sea affected by the typhoons continued to be hampered and supply and demand weak, with the overall price of ring sea powered coal hovering at a low level during the period:
Typhoon transits with low temperatures and insufficient demand for electricity and coal. In response to the typhoon, which affected the south-east coast with low temperatures, some of the plants were shut down to mitigate the typhoon disaster, while the demand for electricity for the population and industry decreased simultaneously and the main coastal power plant fell by 700,000 tons a day. While the utility stock is consumed downwards, the number of days available is still at the level of 20 or more, and overall demand is insufficient to limit the enthusiasm for procurement。
There is a backlog of stockpiles in the northern ports, and the risk of coal storage increases. The north of typhoon has restricted access to the port of the rim sea, and stocks have been poorly channelled downwards. Coal storage at the port of the north (qin tang's final) has risen to 26 million tons, reaching its highest point in the year。
Futures contracts have rebounded in recent months and market pessimism has faded. Following a rebound of $571. 4 per ton of the power coal futures contract in recent months, pessimism has gradually subsided with the return of hot weather in the south。
With regard to the coastal shipping market, the maritime coal price index (ocfi), published by the qin emperor island maritime coal trading market, shows that during the reporting period, the domestic maritime coal price index shocked. The price index on 13 august stood at 687. 25 points, representing an increase of 3. 66 per cent, up from 24. 27 points on 6 august。
With specific reference to some of the main types and routes, on 13 august, the average price of coal on vessels on the qin emperor island to guangzhou route of 50,000-6,000 tons was from $2. 3 to $32. 9 per ton; the average price of coal on ships on the qin emperor island to shanghai route of 40-5,000 tons was from $1. 1 to $23. 5 per ton; and the average price of coal on ships on the qin emperor island to kang-cun route of 40-5,000 tons was from $25. 5 per ton to $0. 7 per ton。
