Jinwu Financial News | Coal stocks rose 3.13%, Power Development (01277) rose 2.6%, Yancoal Australia (03668) rose 2.7%, Shougang Resources (00639) rose 1.89%, China Coal Energy (01898) rose 1.01%, and Yankuang Energy (01171) followed.
According to the news, according to the Central Meteorological Observatory, strong cold air will affect most regions of our country from the 11th to 14th. From the 15th to the 16th, the zero degrees Celsius low will push south to the middle and lower reaches of the Yangtze River.
The heads of relevant departments and bureaus of the National Energy Administration explained that since this year, advanced coal production capacity has been released in an orderly manner, imports have increased sharply, inventories have remained high, prices have continued to be within a reasonable range and have declined steadily. The coal supply and demand situation has shown the characteristics of “three highs and one drop”, providing strong support for winter warmth and supply during the peak season. Currently, coal storage in power plants across the country has remained stable at a level above 0.2 billion tons, reaching a record high since the peak winter season. Recently, it reached 0.23 billion tons, an increase of nearly 20 million tons over the previous year, and can be used for more than 30 days.