According to Tianjin market operation monitoring data, in the second week of September (September 11-September 17), the average coal price in Tianjin was 716 yuan/ton, a month-on-month increase of 0.1%. Recently, the overall thermal coal market has been operating stably to strong. The supply of coal in the origin is still relatively tight due to the impact of security inspections. Sales in the origin remain normal. Most of the transportation is based on rigid demand. Affected by the price increase at the port, the sentiment of price increase in the origin is driven. Last week, due to lower temperatures in many regions and the start of unit maintenance plans in some regions, civil electricity load fell and coal consumption of power plants decreased compared with the end of August. At present, the inventories of power plants are generally high, and they only maintain long-term cooperative transportation. They are resistant to the high price of coal in the market, and purchase very little. They are basically consuming their own inventories, and the release of terminal demand in the short term is limited.
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