The latest statistics from the port of Qinhuangdao show that, last week, Qinhuangdao Port coal railways and port throughput all fell. The total coal inventories at the port fell, but prices remained stable.
Statistics show that last week, the Qinhuangdao Port Coal Railway transferred a total of 4.747 million tons, a slight decrease of 1.08% from the previous week (4.799 million tons), and the average daily coal transfer amounted to 677,100 tons. During the Spring Festival, the transportation volume of the Daqin Line has always remained above 1.25 million tons. The high traffic volume of the Daqin Line has provided adequate protection for the coal demand in the Beijing-Tianjin-Tangshan region, but the high throughput of the port coal has not been able to continue. Last week, the Qinhuangdao port had a total coal throughput of 4.739 million tons, with an average daily delivery of 677,000 tons of coal, down 7.24% from the previous week (72.98 million tons).
Among them, the port of Qinhuangdao completed 816,000 tons of coal on February 14, which is the highest single-day throughput of the port since 2010. However, the port’s coal throughput still declined last week, or related to factors such as the frequent closure of weather due to weather conditions. It is reported that last week, the Qinhuangdao port had four sailings. Qinhuangdao port coal inventory failed to maintain growth. Last week, the port maintained an average of 7.44 million tons of coal inventories, down 2.44% from the previous month. As of February 20, Qinhuangdao port coal inventory was 7.438 million tons. The previous sharp increase of 135.32% of foreign trade coal stocks also fell. Last week, the port maintained an average of 142,800 tons of foreign trade coal inventories, which fell by 1.08% month-on-month.
During the same period, the latest statistics from Jingtang Port showed that as of February 19, coal inventories in Jingtang Port area climbed to 3.25 million tons, an increase of 160,000 tons compared to last week's inventory, an increase of 5.17%.
Industry sources pointed out that the current stability of coal prices is mainly due to the impact of the Spring Festival. Most consumer companies stocked the goods before the Spring Festival. The raw coal in the port area of ​​Qinhuangdao is mainly sold to Shandong, Guangzhou, and Fujian, and the demand of downstream consumer companies is greatly reduced. , Various consumer companies have sufficient stocks, and they hold a wait-and-see attitude
Statistics show that last week, the Qinhuangdao Port Coal Railway transferred a total of 4.747 million tons, a slight decrease of 1.08% from the previous week (4.799 million tons), and the average daily coal transfer amounted to 677,100 tons. During the Spring Festival, the transportation volume of the Daqin Line has always remained above 1.25 million tons. The high traffic volume of the Daqin Line has provided adequate protection for the coal demand in the Beijing-Tianjin-Tangshan region, but the high throughput of the port coal has not been able to continue. Last week, the Qinhuangdao port had a total coal throughput of 4.739 million tons, with an average daily delivery of 677,000 tons of coal, down 7.24% from the previous week (72.98 million tons).
Among them, the port of Qinhuangdao completed 816,000 tons of coal on February 14, which is the highest single-day throughput of the port since 2010. However, the port’s coal throughput still declined last week, or related to factors such as the frequent closure of weather due to weather conditions. It is reported that last week, the Qinhuangdao port had four sailings. Qinhuangdao port coal inventory failed to maintain growth. Last week, the port maintained an average of 7.44 million tons of coal inventories, down 2.44% from the previous month. As of February 20, Qinhuangdao port coal inventory was 7.438 million tons. The previous sharp increase of 135.32% of foreign trade coal stocks also fell. Last week, the port maintained an average of 142,800 tons of foreign trade coal inventories, which fell by 1.08% month-on-month.
During the same period, the latest statistics from Jingtang Port showed that as of February 19, coal inventories in Jingtang Port area climbed to 3.25 million tons, an increase of 160,000 tons compared to last week's inventory, an increase of 5.17%.
Industry sources pointed out that the current stability of coal prices is mainly due to the impact of the Spring Festival. Most consumer companies stocked the goods before the Spring Festival. The raw coal in the port area of ​​Qinhuangdao is mainly sold to Shandong, Guangzhou, and Fujian, and the demand of downstream consumer companies is greatly reduced. , Various consumer companies have sufficient stocks, and they hold a wait-and-see attitude