Driven by the increase of port coal price and the news of Datong Coal Mine shutdown and maintenance, the mood of production area improved; the coal price in Shanxi increased by 5 yuan / ton slightly, the coal price in Inner Mongolia stabilized, and the coal price in Yulin decreased by 2 yuan / ton. Near the "two sessions", some areas of coal mine safety shutdown maintenance, late supply or will be tightened, resource mobilization has become the focus of the problem, the user mentality has changed, the port market shows a stable trend.

The inventory of Qinhuangdao port and Jingtang Port continued to decline, and the source of high-quality coal became more tense. The coal storage of Qinhuangdao Port dropped to 4.43 million tons, and it is possible to continue to decline. Part of low sulfur coal was quoted at 5-7 yuan / ton up by index. Shenhua coal is of high quality and low price, and the number of customers purchasing and transporting is increasing; in addition, Shuohuang line has no maintenance plan, so the transportation is normal. The number of ships pulling coal from Huanghua Port doubled, and the number of anchor ships increased to 42, more than double the number at the beginning of the month. Coal transportation in Huanghua Port shows a trend of high supply and demand.

The quantity of coal consumed by the downstream power plant is also increasing, and the market bullish mood is becoming stronger; subsequently, the mentality of supply customers to save goods and to be reluctant to sell is followed, and the prices of low sulfur coal sellers such as power and Xinglong are generally rising. At the same time, the superimposed part of just needed procurement increased, the level of receiving price increased, and the spot price rose sharply. Based on the bullish expectation, the upstream and downstream quotations have been explored to a certain extent, and many factors have driven coal prices to keep rising this week.

1. The temperature in South China is high, the civil power load in South China is rising, the hydropower is lower than expected, and the demand for thermal power is soaring. The daily consumption of the six coastal power plants (Huadian version) has exceeded the level of 650000 tons. If it is changed into the data of Guodian, it is estimated that the daily consumption of the six coastal power plants has exceeded the level of the same period last year by up to 100000 tons, and the days of coal storage and availability of the power plants are further reduced. If the imported coal can be properly controlled, then the domestic coal market will come out of the trough completely.

2. The economy in the South has stabilized and recovered, not only the residential power consumption has gradually recovered, but also the industrial power consumption has recovered; the real estate and infrastructure projects have been comprehensively accelerated, and the daily consumption of power plants has slightly increased. Some small and medium-sized power plants started to copy the bottom and asked for more goods. In addition, the "two sessions" were held in late this month, which led to the expected volume of the market and the emergence of market pallets.

3. Bohai Rim inventory continued to decline. Up to now, the ten ports around the Bohai Sea have a total coal storage of 23.86 million tons, a decrease of 3.07 million tons compared with the end of last month. In particular, the coal storage of Qin port, which is known as the "price wind vane", has declined rapidly, which makes some high-quality coal tense, and the shortage situation of the port has not been effectively alleviated. After the demand warms up, it causes traders to cover the sales of goods, thus driving the rapid rise of coal prices.

4. On Tuesday, Datong coal mine production reduction news further boosted the market. Under the support of bullish sentiment, the coal trading price in port market will keep rising.