Summary
[Coal production is difficult to meet demand. Pit coal prices have risen by more than 10% in a single month]Recently, thermal coal prices have once again entered an upward channel. In August, the price of 6,300 kcal thermal coal in Shaanxi Province has reached 870 yuan per ton, an increase from the beginning of July Over 10%; the price of 5,500 kcal thermal coal at the port is close to 1,000 yuan per ton. Coal companies are producing at full capacity, but they still cannot meet the actual downstream demand. Even the power plants within the group cannot guarantee their coal supply. Thermal coal is in short supply, and many power plants often increase prices and grab coal during coal auctions. At present, with the exception of a few long-term agreement coal prices, the pit coal price of most coal companies has risen to a historical high of 890 yuan per ton, and the port coal price has increased even more due to factors such as superimposed freight. (CCTV Finance)
Recently, the price of thermal coal has once again entered an upward channel. In August, the price of 6,300 kcal thermal coal in Shaanxi Province has reached 870 yuan per ton, an increase of more than 10% from the beginning of July; the price of 5,500 kcal thermal coal at the port is close to 1,000 yuan per ton. . Coal companies are producing at full capacity, but they still cannot meet the actual downstream demand. Even the power plants within the group cannot guarantee their coal supply. Thermal coal is in short supply, and many power plants often increase prices and grab coal during coal auctions. At present, with the exception of a few long-term agreement coal prices, the pit coal price of most coal companies has risen to a historical high of 890 yuan per ton, and the port coal price has increased even more due to factors such as superimposed freight.
(Source: CCTV Finance)
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