SunSirs: The Price of Thermal Coal Rose slightly in China Last Week (12.11-12.15)
December 18 2023 09:58:49 SunSirs (Selena)
According to the commodity analysis system of SunSirs, the price of thermal coal rose slightly last week. On December 14, the energy index was 1,026 points, up 3 points from yesterday, down 34.27% from the highest point of 1,561 points in the cycle (2021-10-21), and up 100.78% from the lowest point of 511 points on March 1, 2016. (Note: the period refers to 2011-12-01 to now)
However, with the rise of coal prices in the port, the sentiment of the place of origin has risen.
In terms of downstream ports, coal prices rose last week. Mainly due to the cooling down, the market sentiment has increased. .
National Bureau of Statistics: in November, the added value of industries above designated size increased by 6.6% year-on-year, 2.0 percentage points faster than that of the previous month; The month on month growth was 0.87%. According to three categories, the added value of the mining industry increased by 3.9% year-on-year, the manufacturing industry increased by 6.7%, and the power, heat, gas and water production and supply industry increased by 9.9%. ; The added value of the high-tech manufacturing industry increased by 6.2%, accelerating by 4.4%.
According to the analysts of SunSirs, the coal mines in the area of origin have accumulated some reserves recently due to the impact of the weather. In terms of downstream ports, prices rose slightly this week. . See the downstream market demand for details.
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