Coal stockpiles at the four major ports around the Bohai Sea have seen a slight decline this week, falling from 17.189 million tons last week to 17.013 million tons. This represents a decrease of 176,000 tons, or 1.02%, compared to the previous week’s levels. The reduction was observed across most ports, though some showed increases in their inventory.
As of December 16, the coal stockpiles at each port were as follows: Qinhuangdao Port reported 6.59 million tons, Caofeidian Port (SDIC) had 4.09 million tons, Jingtang Port held 3.5 million tons, and Tianjin Port recorded 2.833 million tons. Compared to the prior week, Qinhuangdao and Jingtang Ports experienced a drop in their coal reserves, while both Caofeidian and Tianjin saw an increase.
In addition to the inventory changes, the number of vessels waiting to be loaded at the anchorages of the four ports has risen significantly. As of December 16, there were 61 ships waiting at Qinhuangdao Port, 34 at Jingtang Port, 28 at Tianjin Port, and 24 at Caofeidian Port. This indicates increased activity and demand for coal shipments in the region.
Despite the slight drop in stockpiles, coal prices at the four ports remained under pressure. This is largely due to high inventory levels at downstream power plants, which have extended the number of days that coal can be supplied to these facilities. With the supply chain remaining stable and demand not showing a significant uptick, steam coal prices continue to face downward pressure. The overall trend suggests a cautious market outlook, with traders and operators closely monitoring inventory movements and port activities.1. High-quality products: Steel ball manufacturers usually have advanced production equipment and technology, and can produce high-quality steel ball products. These products offer a high degree of precision and durability to meet the needs of a wide range of industrial applications.
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