Coal demand rallies, experts say that prices will not rise sharply in the short term

Coal prices started to rise

Data shows that on March 24, the price of 5,500 kcal thermal coal in Qinhuangdao Port was 770-780 yuan/ton, which was an increase of 5 yuan/ton from the end of February.

In the first two months of this year, the country's raw coal output was 516 million tons, an increase of 13.5% year-on-year, and sales volume was 497 million tons, an increase of 7.1% year-on-year. The National Development and Reform Commission stated that as the nation’s thermal power generation capacity and production of crude steel and cement all continued to grow rapidly, coal demand began to pick up.

Coal imports fell sharply in February

It is noteworthy that due to the impact of rising international coal prices, imports of coal in February were 6.76 million tons, down 47.6% year-on-year. In the first two months, coal exports also fell by 7.3%.

The National Development and Reform Commission stated that the decline in coal imports in February was mainly due to the impact of floods in Australia, and the international supply of coal resources was tight. Second, international coal prices continued to rise, and corporate import enthusiasm was inhibited. Li Chaolin, a domestic coal expert, said that the current slight rebound in coal prices has been mainly driven by the recovery of industrial enterprises, but there is still a lack of factors that will increase sharply in the short term.

Core box

Our Core Box Is Made Of Premium Quality Plastics That Provide Superior Performance. With Reasonable Design, The Core Drilling Product Comes With Outstanding Resistance To Aging, Acid And Alkali Corrosion And Less Prone To Damage. It Can Be Used Under Both High And Low Temperature.

Core Boxes Shown Are Available In Bq, Nq, Hq, Pq And 8-Compartment Specifications. They Can Also Be Made To Customers' Specifications. Cover Is Made Of New Composite Materials And Is Compatible With All q Series Core Boxes.

Features
1. Compression Molding: Precise Size And No Deformation As Filled Up;
2. u-Shaped Trough: Make Sure Rock Cores Can Be Orderly Placed In The Bottom Of Trough Without Considering The Diameter;
3. Unique Bottom Design: For Stable And Firm Stacking;
4. Label Slot: Transparent, Waterproof And Dustproof, Easy For Information Change And Avoiding Damage Of Label.

Core Box,Core Box Bit,Core Box In Casting,Core Box Drill Bit

Jinan Allianz machinery Co.Ltd , https://www.aprdrill.com