October 29 summary analysis: in terms of origin, Yulin regional prices are temporarily stable, the release of market demand is more limited, and favor cost-effective coal sources, so miners are mostly based on stable prices and sales. The supply in Ordos region is in a state of contraction, but the users mainly honor the contract and have no intention of incremental purchase, so the sales improvement of most coal mines is limited, the price remains stable, and only a few mine prices are still slightly increased. The price of the north of Shanxi region is weak and stable, and users purchase a small amount on demand, some coal mine shipments have slowed down, and the price operation pressure has risen.
In terms of port, coastal daily consumption is running at a low level, and port inventory has increased steadily after the completion of the maintenance of the superposed Daqin Line, so the downstream procurement mentality is more negative, and the demand for inquiry is cold. Although the seller also thinks that the short-term market is difficult to improve, but under the cost support, they are not willing to loosen the offer.
In terms of imported coal, the enthusiasm of terminals and traders for inquiring about low-carb coal has increased recently, mostly because of the demand for filling short orders, in addition, the demand for power plant bidding is still there, and it is expected that the price of imported coal is not easy to rise or fall in the short term, or it will be stable.