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SpinDistribute.com Article Directory

The following article was published in our article directory on January 25, 2011.
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The Prices Of Coal Are Relatively Stable Before Spring Festival

Article Category: Business

Author Name: Amanda xzh

Near the Spring Festival, as coal downstream enterprises ready basically completed during the Spring Festival, the market begin to weaken. Currently qinhuangdao coal stocks remain high, industry insiders said before Spring Festival will remain relatively stable price of coal, and February coal prices will fall modestly.

Meanwhile, coking coal price future price movements but blink differences.

Qinhuangdao port coal storage high

It is reported, qinhuangdao port coal stock average last week 711.17 tons of coal storage keep rising, annulus 1.54%. But until January 23, qinhuangdao port coal storage for 707.4 tons.

Meanwhile, the reporter learned from coal resources nets, near the Spring Festival, market festival atmosphere is powerful, coal mine in succession began to prepare for the holiday throughout, ready for the downstream enterprises during the Spring Festival, is basically complete market experience substantialvolatility unlikely, expected prices will continue to be high ago stabilises.

Senior coal experts LiChaoLin tells a reporter, now at a factory before the holiday period, but also the south, and this leads to the employment off-season power generating desire is not strong. And so far south coastal six power group (ZheDian, electricity, yudean, guodian, datang, huaneng) coal storage overall it is high in the downstream enterprises, coastal current dynamic inventory stability is caused by coal market stability of the primary factor.

"Years ago, electricity coal market by coal mining effects of restricting output and needs go off instability factors, expected prices will continue stabilises." LiChaoLin points out, after the Spring Festival, the weather warms up, coal demand weakened further, plus freight channel unobstructed, sea freight, trucks fees coal transportation expenses will continue to decline.

He further stated that around the Spring Festival coal prices will remain relatively stable operation, February coal prices will small downside and year-round coal price as the seasonal fluctuation small range.

Coking coal future price movements entities differences

Although the overall prices stable, but coal coking coal, required for steel industry parties but have different opinions. The personage inside course of study thinks, the dual factors influence at home and abroad, years later, coking coal still will rise.

This personage, said last week to lift its plant in shandong limit.as a group in 80 price, amplitude is yuan/ton, large scope of coking coal prices early a weeklong reaction.

The reporter understands, last weekend, from shanxi, hebei, henan, jiangsu and shandong province is home to more than 40 coking enterprise symposium held in January, given the price rises, coking coal representatives attending enterprises generally agree, in strict accordance with the 30% of the effects of restricting output amplitude arrange production, and suggested that coke market price should make appropriate adjustments. "If the coking enterprises as the next game raised coke price, then the role of coking coal enterprise, upstream future will surely have more prices space." The above persons told reporters.

But also have some people hold different opinions.

"Recent downstream price of steel continued to move slightly, but current inventory pressure still bigger, crude steel output will also prophase declined, due to a lack of demand, coking coal enterprises in support continued enthusiasm is not big. Weeklong ago" Another, insiders point out that years ago market wait-and-see attitude is heavier, price stabilises.

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