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As my country's economy recovers steadily and the industrial economy continues to recover, it has a relatively strong pull on coal consumption, superimposed on the insufficient output of new energy sources such as hydropower, and electricity coal consumption has increased significantly year-on-year.
The significant increase in market pallets and the jump in international coal freight rates have attracted most domestic and foreign ships.
The domestic coal freight capacity has decreased, and coastal coal freight rates have continued to be strong.
In June, the coal pipe bills in the Ordos area resumed at the beginning of the month, and the supply increased.
However, the safety and environmental inspections of coal mines in the main producing areas are still grim, and the supply volume has not increased significantly.
In addition, under the bearish market atmosphere, the upstream shipping enthusiasm has weakened, and the bottleneck of port transfer has appeared.
Affected by factors such as the closure of flights, although the volume of transfers fluctuates, the overall volume remains high.
Driven by insufficient upstream supply and strong downstream demand, port inventories are expected to maintain a volatile downward trend.