Kolkata Wealth Management:The coal market is proud of the spring breeze: crude oil rises, non -electricity demand is strong, Indian heat waves are coming!
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Crude oil prices remain strong, and global coal prices may be boosted
The continuous rise in crude oil prices may have a positive impact on global energy prices, especially coal prices.Under the current situation of geopolitical tensions, the oil market has fluctuated, and international oil prices have reached a new high in recent months.Kolkata Wealth Management
The non -electrical coal industry demand is strong, and support for coal pricesSimla Stock
Entering April, the non -electrical coal industry such as chemical industry entered the traditional peak season, and the overall coal consumption maintained an upward trend.In addition, the demand for coal for steel and building materials has continued to recover, and these factors help support coal prices.
Indian coal demand is expected to increase, which may drive overseas coal pricesNew Delhi Investment
India’s temperature forecast shows that in the next few months, heat waves may lead to increased coal use.The Indian Electric Power Department has demanded that the power plant continues to import coal to meet the supply gap, which may promote the demand and price of overseas coal.
The coal plate has the characteristics of high dividends and low valuations
In the current market environment, the coal sector has become the focus of investors’ attention due to its high dividends and low valuation characteristics, and the high elasticity brought by demand recovery.
Power coal market supply and demand situation
Although the supply of origin has fallen slightly and the pits inventory decreased, the power coal market still faces large downward pressure.The market trading atmosphere is not good, and coal prices continue to fall.
The status quo of coke coal and coke marketHyderabad Investment
The coke coal and coke market face the dual pressure of restoration of supply side, and the demand side has not yet improved.The demand for the steel market needs to be further verified, the market procurement is relatively limited, and the coking coal prices are operating.
Pay attention to the risk of price limit, coal import volume, macroeconomic fluctuations, and credible risks of third -party data.At the same time, the timely nature of the research report information may also affect analysis.
(Editor in charge: Liu Chang)
Jinnai Wealth Management