The National Development and Reform Commission expects that domestic coal prices will be lowered recently
The “Circle Bohai Thermal Coal Price Index†compiled by the National Development and Reform Commission recently released the first data since the Spring Festival. The average price of thermal coal in the Bohai Sea decreased by RMB 5/ton, a decrease of 0.65%. Analysts believe that this year's Spring Festival is the most moderate year for China's coal market in recent years. Due to comprehensive factors such as coal mine start-up and heating demand weakening, coal prices will be significantly reduced in the near future. Presure seal Globe Valve normally used in the high pressure main streaming pipeline or high pressure bypass water feeding pipeline etc. The main function is to cut off/cut on or regulating the medium controlled by electric actuator or handwheel. The sealing principle of pressrue seal seal valve is sealing surface tight off under pressure and they are widely applicated in petrochmical, thermal power plant. Pressure Seal Globe Valve,Forged Globe Valve,Pressure Seal Valve,Power Station Globe Valve Yongjia South Trading Co.,Ltd , https://www.n-lvalve.com
The data shows that the mainstream transaction price of 5,500 kcal/kg of market thermal coal in Qinhuangdao Port, Caofeidian Port, Guotou Jingtang Port, Jingtang Port, Tianjin Port and Huanghua Port decreased by RMB 5/ton from the previous reporting period. .
Tracking investigations by Guofu Securities also showed that the number of days of coal storage in the three major power plants increased by 13 days, 14 days, and 10 days respectively. At present, the coal storage of downstream enterprises is in a saturated state, and the enthusiasm for pulling coal and purchasing coal has been reduced. It is expected that the coal market will remain flat in February, and coal storage in ports and power plants will remain at a high level, and the traditional off-season of coal is coming.