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In the past month or so, the price of thermal coal in northern ports has risen rapidly, with rapid frequency, and strong momentum.
Unexpectedly, the market supply is so tight
Unexpectedly, the market supply is so tightThe first thing that surprised us is that we did not expect the coal market to be so tight
Unexpectedly, the recovery of downstream demand is so strong
Unexpectedly, the recovery of downstream demand is so strongThe second surprise to us is that we did not expect downstream demand to recover so strongly
Unexpectedly, the restrictions on imported coal could be so strong
Unexpectedly, the restrictions on imported coal could be so strongThe third thing that surprised us is that we didn't expect the coal import restriction policy to be so powerful
Generally speaking, this year's coal market can be described as turbulent and unpredictable.