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SunSirs: Morning Tips for China Thermal Coal on October 26
October 26 2021 11:19:29SunSirs(Selena)

According to the monitoring data of SunSirs, the price of thermal coal fell yesterday. In terms of origin, the national development and Reform Commission has studied and implemented intervention measures on coal prices according to law to help the stable operation of the economy. The tight supply situation has been alleviated, the coal production capacity has been released in stages, and the policy effect has been shown; In terms of port, the downstream demand is still relatively positive, the inventory of power plant is low, and the demand for heating and replenishment in winter is still. Business analysts believe that the terminal of power plants has maintained rigid demand recently, and there is still a demand for replenishment in downstream power plants. It is comprehensively expected that the price of thermal coal in China will mainly decrease steadily.

 

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