According to Tianjin market operation monitoring data, in the second week of July (July 10-July 16), the average price of coal in Tianjin was 715 yuan/ton, which was flat from the previous month. In the domestic market, the peak summer supply guarantee has started, and coal production has grown steadily as a whole; in terms of demand, due to the continued high-temperature weather across the country, the demand for civilian electricity is still high; in terms of non-electrical coal consumption, commodity prices continued to rebound this week, and non-electrical terminal profits continued to rise. Better yet, coal consumption increases. In terms of inventory, the long-term cooperation has performed well, and the imported coal has been replenished in a timely manner. Prices continue to rebound. The price of coal has stabilized in the near future, but it is still in the process of slight shocks. Affected by the increase in imported coal and the continued high coal inventory of power plants, the summer peak is not enough to effectively support the rise in coal prices. It is expected that the next Coal prices in this stage will still be under pressure.
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