1、 Price trend

According to the monitoring data of business news agency, the average market price of steam coal on June 7 was about 936.25 yuan / ton, up 69.69% over the same period last year. On June 6, the steam coal commodity index was 112.80, unchanged from yesterday, down 9.76% from the cycle’s highest point of 125.00 (2021-01-19), and up 152.35% from the lowest point of 44.70 on January 20, 2016（ Note: period refers to the period from September 1, 2011 to now

In terms of origin: the sales of coal mines in the origin still maintain a good situation in the early stage, and there are still many coal hauling vehicles in coal mines. Affected by environmental protection inspection, the overall increase of coal supply in Ordos is still limited, and the sales in Inner Mongolia is relatively hot, but the number of coal mines with price increase is small, and the price adjustment of coal mines is more cautious.

Downstream power plants: in recent days, the coastal daily consumption is at a high level, and the number of days available for power plants has decreased. However, the limited price sales of large enterprises have a great impact on traders’ sentiment, and affected by policy regulation, the enthusiasm of power plants to replenish stocks has declined, and the willingness to reduce prices is relatively strong. Traders are mainly on the lookout.

According to the data released by the General Administration of Customs on June 7, in May 2021, China imported 21.04 million tons of coal and lignite, a month on month decrease of 3.2% and a year-on-year decrease of 4.6%. From January to may 2021, China imported 111.166 million tons of coal and lignite, a year-on-year decrease of 25.2%.

Business analysts believe that: at this stage, the overall supply of thermal coal is still difficult to increase. As for the downstream power plants, with the rising temperature, the power plants still have the demand for replenishment. However, due to the influence of the policy recently, the port has a strong wait-and-see mood. On the whole, it is difficult for the short-term steam coal price to have a higher rise, and the price mainly fluctuates in a narrow range, depending on the downstream market demand.