Due to the Spring Festival holiday, coal mines have suspended production and sales, leading to a tightening of coal supply; on the demand side, terminal coal-consuming companies mainly rely on inventory consumption, with little new procurement demand, resulting in limited market support. Based on comprehensive supply and demand data, the market is showing a trend of both weak supply and weak demand, with coal prices remaining stable. As the holiday ends and market participants gradually resume normal trading, both supply and demand are expected to gradually return to normal. (Zhuochuang Information)
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卓创资讯:During the Spring Festival holiday period, the thermal coal market experienced quiet trading activity
Due to the Spring Festival holiday, coal mines have suspended production and sales, leading to a tightening of coal supply; on the demand side, terminal coal-consuming companies mainly rely on inventory consumption, with little new procurement demand, resulting in limited market support. Based on comprehensive supply and demand data, the market is showing a trend of both weak supply and weak demand, with coal prices remaining stable. As the holiday ends and market participants gradually resume normal trading, both supply and demand are expected to gradually return to normal. (Zhuochuang Information)