The coal shortage problem has been effectively alleviated
On October 27th, the coal "three brothers" collectively lowered their limit. Among them, the main contract of coking coal and coke futures fell by 8.99% at the opening, and the price of the main 2201 contract of thermal coal futures fell below 1,200 yuan/ton, a decrease of 10%. One month low. Ruan Xinan, an analyst at Yongan Futures, told the Futures Daily reporter that before coal prices fell, the upward momentum was mainly due to the shortage of supply and the unexpected increase in demand. The continuous destocking of thermal coal contributed to the upward price increase. In the second half of the year, as the country continuously introduced relevant policies and measures to ensure the supply of thermal coal and stabilize coal prices, the output of thermal coal production areas was gradually released. At the same time, downstream demand was seasonally declining, and under the pattern of supply increase and demand decrease, thermal coal inventory began Accumulation quickly,...