CERS: China's coal market is balanced and quality of supply is constantly im

Time:2018-11-08 11:24:20      Source: cctdcoal.com


According to the Annual Meeting of 2018 China Energy Research Society held on the Nov. 7th, China's overall coal market is balanced , and the quality of supply is constantly improving and coal prices fluctuate within a reasonable range.

China’s coal consumption was 2.875 billion tons in the first nine months,  up 84 million tons or 3% year on year. Cumulative output of raw coal of enterprises above designated size totaled 2.59 billion tons, up 126 million tons or 5.1% year on year.

According to the analysis of China Energy Research Society, the supply and demand of China's coal market is generally stable in 2019. However, in view of  uncertainties such as weather,which does not exclude the situation that some areas will be constrained by resources and transportation under extreme weather, leading to the tight supply in a certain period.

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-13
Shuozhou 5200 435 0 FOR 06-13
Ordos 5500 415 0 ex-mine 06-13
Yulin 6200 535 0 ex-mine 06-13
Liulin Low-sulphur 570 0 ex-mine 06-13
Gujiao Low-sulphur 1095 0 FOR 06-13
Xingtai Low-sulphur 1210 0 ex-Factory 06-13
Yangquan PCI 770 0 FOR 06-13
Index RMB/t WoW WoW% Date
Qinhuangdao 620.0 -38.0 -5.78 06-12
Caofeidian 528.0 -39.0 -6.88 06-12
Huanghua 178.3 -12.0 -6.31 06-12
Guangzhou 290.0 13.0 4.69 06-12
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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