Qinhuangdao market thermal coal prices fell for two consecutive weeks

This week, Qinhuangdao 5500 kcal thermal coal price is 735-745 yuan / ton, 5,000 kcal thermal coal price is 635-645 yuan / ton, 4500 kcal heat price is 560-570 yuan / ton, these three The price of the variety has dropped by 5 yuan. 5800 kcal thermal coal price is 780-790 yuan / ton, compared with last week, no change.

The main reason for the decline in coal prices is that the current electricity consumption is not high, and the inventory of coal in major power plants remains high. The latest statistics show that the electricity consumption in July of this year's peak summer season was not as high as that in March. Electricity consumption is closely related to China's overall economic situation, and economic development is the dominant source of energy consumption. At present, the uncertainty in the domestic economic market has caused no significant increase in the overall electricity consumption in China, which has adversely affected the thermal coal market this summer.

Related industry sources have revealed that some major shipping companies have recently announced news that they may want to cut their prices. It is expected that the coal market will also be hit again.