Next round of coal price rise expects until April and May

  • Sunday, February 07, 2021
  • Source:ferro-alloys.com

  • Keywords:coal price rise
[Fellow]It is expected that a new round of coal price rise will not appear until April or may.

[Ferro-Alloys.com

At present, although the most tense time between supply and demand in the coal market has passed, the midstream and downstream as well as social inventory are still in the low level. This year, the industry is developing well. After the year, the downstream industry will resume work and production faster. The power consumption and power consumption of power plant are not pessimistic. However, the overall improvement of the market needs to wait until late March, and a new round of replenishment of power plants will start at the end of March and April. It is worth noting that the price of coal is the price of market coal. Only in the case of extreme shortage, the power plant will purchase market coal and drive the market coal price up. Therefore, in March, the power plant was in the stage of running down their stocks, and the difficulty of coal price rise was not small. It is expected that a new round of coal price rise will not appear until April or may.
 
Source: translated by editor
 

 

  • [Editor:kangmingfei]

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