According to Tianjin market operation monitoring data, in the fourth week of April (April 24-April 30), the average price of coal in Tianjin was 732 yuan/ton, which was flat from the previous month. Coal production has remained stable this week. The fundamentals of coal are stable, the overall coal price fluctuates at a high level, the demand for power plants is gradually entering the off-season, and the margin of supply and demand is slightly loose. The follow-up non-electricity demand still needs to be observed, and overseas risks still exist, and the market as a whole is in a wait-and-see state. In the second quarter, as consumption continues to pick up and infrastructure investment maintains a high level of prosperity, my country's economy will usher in a period of rapid recovery, and the economy is expected to achieve rapid growth, driving the overall demand for the energy market to increase. However, with the steady growth of domestic energy supply, the rapid increase of imports, the overall supply of the energy market is sufficient, and the winter peak period has passed and the summer peak period has not yet arrived, it is expected that the energy price level will generally fall in the second quarter.
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