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Coal price to last low speed grows

The first half of the year since the power industry moves overall and smooth, the electric power supply and demand balance, before July the power gap.As the weather heats the national electricity consumption continued to slow growth, especially the metropolitan area, the tertiary industry electricity maintains rapidder growth momentum. The above scale plant capacity compared to the same period small growth. Power engineering investment rose slightly, hydropower investment growth significantly, thermal power investment continued last year drop situation, investment in wind power significantly reduced. The power of new installed capacity and scale of new construction year-on-year substantially reduced.

A securities that, the Bohai sea port coal prices to stabilize in the near future, stock began to fall, some coal rising trend, prices bottomed obvious signs, the main origin of coal has been continuously around the bottom stability. The Shanxi regional power car plate prices remain unchanged, the Shanxi Hang Hau area of the coal price is basic and on the same period. This is the origin of the coal price keeps stable for four consecutive weeks. Coking coal, the recent domestic steel market continued dismal the coking coal market being implicated, demand remains in the doldrums, clinch a deal delicate, coking coal price appears to drop apparently, the terminal downstream industry demand led to the coking coal market continued to search, short-term vulnerable to change.

As the seasons change, just a few days before the beginning of autumn, Chengdu and other large urban temperatures began to decline, the city electricity load is reduced, while the 7-9 months are rainy season, many coal mines because of flood season was forced to stop production and coal price continues low speed growth.