The shortage of structural goods in ports is difficult to eliminate in a short time. Towards the end of the year, the main production area has entered a period of safety and high pressure, various safety inspections have emerged one after another, coal ticket management is strict, and some coal mines have reduced volume to ensure safety. In addition, in the winter, rain and snow weather appeared in the north, and the phenomenon of frozen coal and frozen coal roads increased, which affected the smooth transportation of coal outbound channels, and the increase in high-quality production capacity and supply was affected. The increase in coal demand on the Haoji Railway and Northeast China will also flow some of the coal resources, and the increase in coal resources from railways to Hong Kong is limited. In the case of coal prices rising too fast, traders are reluctant to sell their goods, superimposing the surrounding autos to pull hot, shipping companies are not willing to increase coal transportation by water, the increase in Daqin and Mengji lines is limited, and Beigang's inventory increase speed is not as expected .

Last week (December 7~December 13), the market coal price rose faster, and the increase rate increased. Port coal prices rose as high as 90 yuan/ton, and coal prices at the origin also rose 40-50 yuan/ton; The coal consumption load of power plants has increased, the situation of high-priced goods has increased, and the spot market has continued to rise. At the end of the year, coal mine safety inspections were strict, and some coal mine production capacity was about to be completed, and the production enthusiasm was not high; while winter storage and power plants were actively stocking, the surrounding platform purchases were large and prices rose, coal mine supply was tight, sales were hot, and prices generally rose. The accumulation of inventory in northern ports has failed, and the market continues to be strong. Low-sulfur coal sources are in short supply, and traders' quotations continue to rise.

On the morning of the 12th, the Development and Reform Commission convened a meeting of major power giants, the Electricity Federation, and the State Grid Dispatching Center to study the coal supply and demand situation. The general content is: guide the market price to return to a reasonable range, maintain a standardized and orderly coal market order; limit the purchase price of thermal coal, the purchase price shall not exceed 640 yuan / ton, and prevent power companies from participating in high-priced purchases of thermal coal that deviate from the market value. Yesterday afternoon, large coal companies and railway departments were convened to have a meeting to standardize market transactions and avoid hoarding. Shipping companies and traders must not drive up or speculate on coal prices. On the Friday afternoon before the meeting, futures had already fallen. It is expected that starting next week, large coal companies may take the initiative to cut prices slightly.

At present, the inventory of North Port maintains a downward trend. The coal inventory of the top ten ports in the Bohai Rim has fallen to 18.5 million tons, a decrease of 1.04 million tons from last week. Among them, the inventory of Qin Port once again fell below 5 million tons. The total number of anchored ships in the Bohai Rim ports increased to 192. The phenomenon of ships waiting for cargo and berths is not uncommon. The turnover of capacity is slow, and shipowners’ quotes continue to rise. At the end of the year, the release of coastal import quota growth is limited, and some are still waiting for customs clearance. It is difficult to overcome the thirst of coal shortage in the middle and late periods, and the structural shortage of goods in the domestic market is difficult to eliminate in a short time.