According to the monitoring data of Hunan Provincial Department of Commerce on the circulation market of means of production in the province, in the sixth week of 2023 (January 30-February 5), the average sales price of coal in Hunan Province was 1244 yuan/ton, up 1.2%. Among them, the average selling price of anthracite was 1693.75 yuan/ton, up 3.7%; The average selling price of bituminous coal was 1019.13 yuan/ton, down 0.7%.
This week, the price of coal market in Hunan Province rose. From the basic point of view, the coal market was continuously optimistic. This week is the first week of work after the long holiday of the Lunar New Year. The amount of coal received by the major power plants in the province has increased significantly. Under the expectation of economic recovery, the rate of resumption of work and production in all industries has rebounded rapidly, consumption has continued to grow, and the demand for coal has risen steadily, driving up the price of coal.
Looking forward to the future, most of the coal mines in Hunan Province have fully resumed production, and the situation of low market inventory has been initially alleviated. The coal supply guarantee system of the whole province has been continuously improved. In January 2023, the railway transportation capacity will be strengthened under the condition that the water transportation capacity is weakened. The amount of coal transported by railway will increase by 25% compared with the same period last year, ensuring that the daily coal consumption of the power plant is at the normal level. The signing of medium and long-term coal contracts has been strengthened, the coverage rate has continued to expand, and the Australian coal import has begun to be liberalized, which will be conducive to the implementation of the coal industry's policy of ensuring supply and price stability, and promote the coal price to close to a reasonable range. With the rapid recovery of various industries since the beginning of the spring, the daily consumption of coal will continue to rise. It is expected that the coal market price of the province will continue to operate in a stable, medium and strong trend next week.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.