Epoxy curing agent News Coal prices in Tianjin remained flat in first week of September

Coal prices in Tianjin remained flat in first week of September

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Coal prices in Tianjin remained flat in first week of September


According to Tianjin market operation monitoring data, in the first week of September (September 4-September 10), the average coal price in Tianjin was 715 yuan/ton, which was the same as the previous month. The supply of coal from origin continued to tighten last week, coupled with an increase in the number of production shutdowns for maintenance at the end of the month, the overall supply increase was limited, and the quotations of coal from origin rose to varying degrees. Although we have now entered the end of the peak summer coal consumption season and the daily consumption inflection point of terminal power plants has appeared, prices still have certain support due to the increase in demand for non-electrical coal. Recently, the international coal price has been rising strongly, and the advantage of imported coal has weakened, and subsequent import volume is expected to decrease. In addition, as we enter the peak season of "Golden Nine and Silver Ten" and there is strong demand for replenishment from downstream, coking coal prices have stabilized and rebounded with strong support. The stable growth trend exceeds expectations. As an upstream resource, coal is bound to be driven by downstream demand. Therefore, coal prices may fluctuate in a strong range in the short term.

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