Analysis of Thermal Coal Price Around Bohai Sea

During the reporting period (November 6, 2013 to November 13, 2013), the comprehensive average price of 5,500 kcal thermal coal in the Bohai Rim region closed at RMB 554/ton, which was RMB 9/ton higher than the previous reporting period.

In this report, the trading prices of mainstream thermal coal varieties in the Bohai Rim region are as follows:

Heat 5,500 kcal/kg thermal coal: The mainstream transaction prices in Qinhuangdao Port, Caofeidian Port, Guotou Jingtang Port, Jingtang Port, Tianjin Port, and Huanghua Port were reported at RMB 550-560/tonne and RMB 545-555 respectively. / Ton, 555-565 yuan / ton, 555-565 yuan / ton, 555-565 yuan / ton and 545-555 yuan / ton. Among them, the trading price range between SDIC Jingtang Port and Jingtang Port increased by RMB 5/t compared with the previous reporting period; the transaction price range at Qinhuangdao Port, Caofeidian Port and Tianjin Port increased by RMB 10 from the previous reporting period. / Ton; The transaction price range in Huanghua Port has increased by RMB 15/t from the previous reporting period.

Heat capacity of 5,000 kcal/kg thermal coal: The mainstream transaction prices in Qinhuangdao Port, Caofeidian Port, SDIC Jingtang Port, Jingtang Port, Tianjin Port, and Huanghua Port were reported at 505-515 yuan/ton and 500-510 yuan respectively. / Ton, 500-510 yuan / ton, 505-515 yuan / ton, 500-510 yuan / ton and 510-520 yuan / ton. Among them, the trading price range at Qinhuangdao Port was RMB 10/t higher than the previous reporting period; the trading price range of Caofeidian Port and Huanghua Port was RMB 15/t higher than the previous reporting period; SDIC Jingtang Port and Jingtang Port The trading price range between Hehe and Tianjin Port has risen by RMB 20/t compared with the previous reporting period.

According to the results of the collection and calculation of the transaction prices of the six ports in the Bohai Rim, the number of port specification products that rose in price in the 24 port specifications of the report period increased from 21 in the previous reporting period to 21; The number of products has decreased from 5 in the previous reporting period to 3; there are no port specifications for which prices have dropped.

The operation results of the Bohai Ring Steam Coal Price Index during the period of this report indicate that: (1) In the current period, the price increase of port specifications exceeds 20, indicating that the rising trend of the trading price of thermal coal in the region continues to increase; (2) In this period, The 5800K of individual ports remained stable, and other port specifications continued to increase sharply. The increase range extended to high-quality coal; (3) In this period, the average price of heat 5,500 kcal/kg of thermal coal rose by RMB 9/ton. The fifth week rose, and the gains hit a new high for the year.