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In previous years, March was the traditional low season for thermal coal consumption.
The heating period in the northern region ended, and the temperature in the southern region generally warmed up.
Some power plants began spring maintenance.
The thermal coal market entered the low season of consumption, and coal prices were at the bottom of the valley.
But this year, the thermal coal market and price trends are uncharacteristic.
Coal prices in the main producing areas have risen sharply, and some coal mines in Inner Mongolia, the main producing areas, have little remaining due to coal management.
Strictly affected by environmental protection and safety inspections, coupled with a large number of vehicles queued in the mines, the supply in Yulin, Shaanxi has tightened, prices have risen, and short-term supply shortages continue.
The bullish factors are as follows:
First of all, supported by the surrounding and downstream activities, coal prices at pitheads have jumped sharply one after another.
The sharp rise in coal prices in production areas and higher logistics costs have largely supported coal prices in ports.
In the context of rebounding commodity prices and active maritime transport, maritime transport prices continue to fluctuate at a high level.
Although April entered the 25-day "skylight" period on the Daqin line, upstream shipments were affected to a certain extent.
But negative factors still exist.
Transfer from: Ordos Coal Network
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