Thermal coal index rises for 12 weeks in Shanxi to help solve the problem of “burning coal”

On June 8, the latest issue of the Bohai-Ring Steam Coal Price Index was released, and thermal coal prices continued to rise. This is also the reason why the index has risen for 12 consecutive weeks.

According to the data, the average price of thermal coal in the Bohai Sea in the current period only rose by 2 yuan/ton from the previous period, or 0.24%, which was significantly lower than that in the previous period. At the same time, Qinhuangdao Port, which is known as the barometer for the coal industry, shows that the coal relocation volume of Qinhuangdao Port has reached a record high, and coal transportation in the port has ushered in good news.

“Overall of the thermal coal market in the country, from the fundamental observation, the thermal coal port price continued to increase after the electricity price was raised, but the price of the origin remained stable, and due to the transportation and other related factors, the coal price in our province has recently declined slightly, but overall The coal price still remains high.” The relevant person in charge of the Provincial Coal Trading Center analyzed.

The responsible person analyzed that the current Bohai Sea thermal coal price index has risen continuously for 12 weeks. The main factor is the impact of the country's rapidly growing electricity consumption, summer electricity, and peak coal consumption.

It is reported that since the beginning of this year, China's electricity consumption has maintained rapid growth. In the first four months, electricity generation increased by 12.6% year-on-year; total electricity consumption in the society grew by 12.4%, of which industrial electricity consumption increased by 12%. In the main electricity industry, electricity consumption in the iron and steel and building materials industries increased by 14.1% and 21.3% respectively.

Strong demand has intensified, and “electricity shortages” and tight coal supplies have been heard. "At present, China has officially entered the peak period of power supply during the summer, and coal supply and transportation will become more tense, especially in the eastern and central regions where supply capacity is insufficient and grid transmission capacity is limited."

As the country’s most important coal energy base, Shanxi provides a strong energy support for the country’s economic development. Under the condition of shortage of power coal, the province's efforts to increase production and ensure supply.

According to data from the Provincial Department of Coal, from January to May this year, Shanxi produced 330 million tons of coal, an increase of 19% year-on-year, of which 240 million tons were exported, up 11% year-on-year. By the end of May, Shanxi Province's internal power generation companies had stored coal for about 16 days and had a coal warning line above 7 days. At present, there is no shortage of coal in Shanxi and the market is relatively stable.

While the nation's steam coal market is still growing up, as the nation's main coal producer, Shanxi, it seems that it has not enjoyed the “ups” of this wave. In the current overall coal market demand, thermal coal prices have continued to rise, the price of steam coal prices in Shanxi Province has declined.

The reporter learned from the Provincial Coal Trading Center that the latest phase of the latest thermal coal car plate price in Shanxi Province shows that the 4800 caloric thermal coal bed plate price in Quzhou area is 465 yuan/ton, and 5200 kcal calorific power coal car plate The price was RMB 575/ton, which was RMB 10/ton lower than last week, with a decrease of 2.11% and 1.71% respectively.

Datong's 5500, 5800, and 6000 caloric calorific thermal coal prices were 675 yuan/ton, 695 yuan/ton, and 725 yuan/ton, respectively, down 10 yuan/ton from the previous period, with a decrease of 1.46% and 1.42% respectively. 1.36%. The price of 5,000 calories for thermal power coal carts in Quzhou was RMB 545 per ton, and the price for 5,000 calories for thermal coal in Taiyuan was RMB 605 per ton. The price of these two types of coal has remained unchanged for several weeks.