Coastal thermal coal prices continue to climb and Qinhuangdao's four major market specifications create new coal prices. Coal mining in the market has become increasingly cautious, and the increase in thermal coal prices has narrowed.
Coal prices continued to hit new heights on May 11th. The comprehensive price of the 30th round of the Bohai Bay thermal coal price index was 820 yuan/ton, up 2 yuan/ton from the previous quarter, and it was up 53 yuan, or 6.91%, in eight weeks. Eight weeks was also the longest time span for the price of the index to rise. In April, the price of the index rose by 35 yuan/ton.
The “coal and plan electricity†coal-fired top cattle pattern has been rapidly and comprehensively highlighted. Most of the domestic provinces and cities are facing power shortages, and the electricity coal stocks in many places have fallen below the minimum coal deposit alert line. The surge of electricity shortages not only directs the market’s spearhead on the rising coal prices, but also allows the industry to consider the direction of China’s electricity price reform.
The decline in the ability of consumer companies to sustain rising coal prices will tend to balance the supply and demand of coal. Many provinces have begun to shift demand to imported coal, although there is no advantage in importing coal prices. China is facing a low level of electricity coal inventories. As the power demand for the coming summer increases, the increase in thermal coal prices in China coupled with the deterioration of electricity shortages will stimulate China to import coal from Indonesia and Australia.
Another round of tension in coal resources will continue to affect the market supply and demand. Following the major overhaul of the Daqin Railway on April 30th, starting from May 5th, the Taiyuan Railway Bureau will start a 27-day overhaul project on the Nantongpu Line and the Houyue Line. Although the capacity of the two lines is limited, this will affect the transportation of coal in the southern part of Shanxi. It is expected that the road transportation will be relatively tight in the future.
Qinhuangdao Port continued to lead the thermal coal price in the coastal market, and extended the new high prices for the period to all four market mainstream specifications. Qinhuangdao 5000 and 5500 calories in the caloric market continue to create thermal coal prices that have been high since November 2008. The 4500 and 5800 kcal also flattened the highest price in the past two and a half years. The thermal coal price of the Qinhuangdao 5000 and 5500 kcal caloric market was 725-735 yuan/ton and 820-830 yuan/ton respectively.
The rise in port stocks From May 5 to May 11, Qinhuangdao port coal inventories maintained at 5.727 million tons on average every day, an increase of 14.82% compared with the previous period. Coal stocks in the port previously fell for eight consecutive weeks. As of May 11, Qinhuangdao Port coal inventory was 5.811 million tons, SDIC Jingtang Port inventory was 980,000 tons, and SDIC Caofeidian Port was 1.38 million tons. The above three major coal transit port inventories increased by 15.36% to 8.287 million. Ton. The industry believes that this may ease the contradiction between supply and demand of electricity intensified in many places.
In the past week, the anchorage of Qinhuangdao Port maintained at an average of 160 vessels per day, an increase of 7.38% on a week-to-week basis. Demand in the coastal thermal coal market remained high despite the inspection of the Daqin Railway, which was once identified as the “culprit†for coal price hikes. In addition, on May 6th and 7th, the port of Qinhuangdao was restricted from navigation and air navigation, and there was heavy fog on the early morning of the 9th. The Qinhuangdao Maritime Safety Administration imposed traffic control on the port, which affected the transportation of electric coal and increased the number of anchored ports waiting for ships. Affected by this, the port coal throughput dropped sharply. In the week, a total of 4.339 million tons of coal were shipped from Qinhuangdao Port, down by 19.96% from the previous period.
The coal market has been renewed after a wave of waves. The maintenance of the Daqin Railway, which had caused tight coal resources, has come to an end. This is accompanied by a period of “peak summer†where coal demand is strong, and the downstream market will purchase coal from the port. To continue to increase, the later port coal inventory will once again become a market concern.
The Shipping Market Welcomed the Change On May 11, the China Coastal Coal Freight Index released by the Shanghai Shipping Exchange increased by 0.6% from the previous month and closed at 1,732.84 points. From Qinhuangdao Port to Ningbo Port, the freight rates of 15 to 20 thousand tons of ships rose by 2 to 50 yuan/ton, while the freight rates of 4-5 million tons of ships from this port to Guangzhou Port continued to decline, down by 2.99% to 65 yuan/month. Ton.
On the same day, the sea freight rates of the Bohai Rim Port Group monitored by the Qinhuangdao Coal Network show that the price of coal shipping in the region this week has rebounded. As of May 11, the seaborne freight rates for 2-3 million tons of ships from Qinhuangdao Port to Shanghai, Zhangjiagang, and Guangzhou Port were 50 yuan/ton, 53 yuan/ton and 82 yuan/ton respectively.
The routine maintenance of the off-season off the main coal passageway of the Daqin Line has ended, and the coal inventories in the northern transit port have picked up significantly, and inventory availability is sufficient. This will not only calm down the panic mentality of coal consumption companies, but also bring about a new round of more rational coal demand. Port coal transportation will present a scene of supply and demand booming, which will help turn the domestic coal shipping market into a turning point. The decline in coal shipping fees last week was relatively related to the relative lukewarmness of the May holiday market.
The previous upward trend of the international shipping market was ended. The Baltic dry bulk freight index fell by 0.74% on May 11th to 1334, the second straight day of decline. Analysts pointed out that India is about to enter the monsoon period, iron ore exports will be reduced, may further suppress the freight.
But there is a concern in the market: Will India change from an iron ore exporter to an importer? As India's steel consumption gradually increased, the government began to consider restricting the export of iron ore primary products. Driven by demand, India's steel imports are expected to reach 10 million tons in fiscal 2011. This change of role will have an adverse effect on domestic steel demand.
Coal prices continued to hit new heights on May 11th. The comprehensive price of the 30th round of the Bohai Bay thermal coal price index was 820 yuan/ton, up 2 yuan/ton from the previous quarter, and it was up 53 yuan, or 6.91%, in eight weeks. Eight weeks was also the longest time span for the price of the index to rise. In April, the price of the index rose by 35 yuan/ton.
The “coal and plan electricity†coal-fired top cattle pattern has been rapidly and comprehensively highlighted. Most of the domestic provinces and cities are facing power shortages, and the electricity coal stocks in many places have fallen below the minimum coal deposit alert line. The surge of electricity shortages not only directs the market’s spearhead on the rising coal prices, but also allows the industry to consider the direction of China’s electricity price reform.
The decline in the ability of consumer companies to sustain rising coal prices will tend to balance the supply and demand of coal. Many provinces have begun to shift demand to imported coal, although there is no advantage in importing coal prices. China is facing a low level of electricity coal inventories. As the power demand for the coming summer increases, the increase in thermal coal prices in China coupled with the deterioration of electricity shortages will stimulate China to import coal from Indonesia and Australia.
Another round of tension in coal resources will continue to affect the market supply and demand. Following the major overhaul of the Daqin Railway on April 30th, starting from May 5th, the Taiyuan Railway Bureau will start a 27-day overhaul project on the Nantongpu Line and the Houyue Line. Although the capacity of the two lines is limited, this will affect the transportation of coal in the southern part of Shanxi. It is expected that the road transportation will be relatively tight in the future.
Qinhuangdao Port continued to lead the thermal coal price in the coastal market, and extended the new high prices for the period to all four market mainstream specifications. Qinhuangdao 5000 and 5500 calories in the caloric market continue to create thermal coal prices that have been high since November 2008. The 4500 and 5800 kcal also flattened the highest price in the past two and a half years. The thermal coal price of the Qinhuangdao 5000 and 5500 kcal caloric market was 725-735 yuan/ton and 820-830 yuan/ton respectively.
The rise in port stocks From May 5 to May 11, Qinhuangdao port coal inventories maintained at 5.727 million tons on average every day, an increase of 14.82% compared with the previous period. Coal stocks in the port previously fell for eight consecutive weeks. As of May 11, Qinhuangdao Port coal inventory was 5.811 million tons, SDIC Jingtang Port inventory was 980,000 tons, and SDIC Caofeidian Port was 1.38 million tons. The above three major coal transit port inventories increased by 15.36% to 8.287 million. Ton. The industry believes that this may ease the contradiction between supply and demand of electricity intensified in many places.
In the past week, the anchorage of Qinhuangdao Port maintained at an average of 160 vessels per day, an increase of 7.38% on a week-to-week basis. Demand in the coastal thermal coal market remained high despite the inspection of the Daqin Railway, which was once identified as the “culprit†for coal price hikes. In addition, on May 6th and 7th, the port of Qinhuangdao was restricted from navigation and air navigation, and there was heavy fog on the early morning of the 9th. The Qinhuangdao Maritime Safety Administration imposed traffic control on the port, which affected the transportation of electric coal and increased the number of anchored ports waiting for ships. Affected by this, the port coal throughput dropped sharply. In the week, a total of 4.339 million tons of coal were shipped from Qinhuangdao Port, down by 19.96% from the previous period.
The coal market has been renewed after a wave of waves. The maintenance of the Daqin Railway, which had caused tight coal resources, has come to an end. This is accompanied by a period of “peak summer†where coal demand is strong, and the downstream market will purchase coal from the port. To continue to increase, the later port coal inventory will once again become a market concern.
The Shipping Market Welcomed the Change On May 11, the China Coastal Coal Freight Index released by the Shanghai Shipping Exchange increased by 0.6% from the previous month and closed at 1,732.84 points. From Qinhuangdao Port to Ningbo Port, the freight rates of 15 to 20 thousand tons of ships rose by 2 to 50 yuan/ton, while the freight rates of 4-5 million tons of ships from this port to Guangzhou Port continued to decline, down by 2.99% to 65 yuan/month. Ton.
On the same day, the sea freight rates of the Bohai Rim Port Group monitored by the Qinhuangdao Coal Network show that the price of coal shipping in the region this week has rebounded. As of May 11, the seaborne freight rates for 2-3 million tons of ships from Qinhuangdao Port to Shanghai, Zhangjiagang, and Guangzhou Port were 50 yuan/ton, 53 yuan/ton and 82 yuan/ton respectively.
The routine maintenance of the off-season off the main coal passageway of the Daqin Line has ended, and the coal inventories in the northern transit port have picked up significantly, and inventory availability is sufficient. This will not only calm down the panic mentality of coal consumption companies, but also bring about a new round of more rational coal demand. Port coal transportation will present a scene of supply and demand booming, which will help turn the domestic coal shipping market into a turning point. The decline in coal shipping fees last week was relatively related to the relative lukewarmness of the May holiday market.
The previous upward trend of the international shipping market was ended. The Baltic dry bulk freight index fell by 0.74% on May 11th to 1334, the second straight day of decline. Analysts pointed out that India is about to enter the monsoon period, iron ore exports will be reduced, may further suppress the freight.
But there is a concern in the market: Will India change from an iron ore exporter to an importer? As India's steel consumption gradually increased, the government began to consider restricting the export of iron ore primary products. Driven by demand, India's steel imports are expected to reach 10 million tons in fiscal 2011. This change of role will have an adverse effect on domestic steel demand.
Solid carbide drills with coolant through, are widely used for stainless steel cutting. Cause when drilling stainless steel ,the chips easily sticked to the drills, need use the coolant oil to flush out the chips from the holes. The other hand, during the drilling process, a lot of heat generated, need the coolant oil to cool down.
Applications:
Carbide drill bits are widely used for the automative, such as:Car crankshaft,Car connecting rod,Integral turbine housing,Hydraulic device etc.
ROYI CNC Tool will be your professional supplier for carbide drill bits.
Internal Coolant Twist Drill,Coolant Drills,Twist Drill Set,Precision Twist Drill Bit Set
ROYI CNC TOOL TAIXING CITY CO.,LTD , https://www.royitools.com