sweetbonanzabuyfeature| The coal sector is pushing higher, Xindao A has a daily limit, and Shanxi Coking has pulled up

editor Society 2024-04-25 4 0

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The strength of the coal plate rose, the limit of New Dazhou A rose, Shanxi Coking raised the Securities Times Network News, the coal plate rose in intraday trading on the 25th. As of press time, New Dazhou A rose by the limit, Shanxi Coking, Lu'an Huaneng, and medium Coal Energy rose by more than 3%. In terms of the industry, coal prices rebounded significantly last week. Q5500 closing price in Qingang quickly rebounded from 801 yuan / ton to 826 yuan / ton, up 3.12%.SweetbonanzabuyfeatureThe spot price of coking coal rose 13.23% to 2140 yuan per ton, and coking coal futures continued to soar 8.91%. Soochow Securities pointed out that from the end of March to mid-April, due to the lower-than-expected growth rate of real estate and infrastructure investment, the demand for coal in the non-power sector was extremely weak, and the number of ships in the port Anchorage around the Bohai Sea fell to about 60 at one point. Although the coal demand of the power industry is higher than expected, the coal price is more significantly affected by the non-electricity demand, so the coal price falls more than expected. However, near May, power companies need to start hoarding for "peak summer", and power procurement is expected to improve; in addition, the impact of production safety supervision continues to exceed expectations, and the withdrawal of old mines from raw coal production for the whole year is expected to reduce production by 100 million tons. The supply contraction in the power industry demand season will magnify the contradiction between supply and demand, so it is expected to promote coal prices to rebound again. Coal prices are expected to rise to 1200 yuan in May, revised to 1200 yuan in June, and remain optimistic about coal prices. The agency said that in May, with the strengthening of coal prices, the opportunity for plate investment attack allocation is coming. considering entering the peak season of traditional thermal coal, we think that the price of coking coal will rise with the price of thermal coal, but the price of thermal coal is more flexible, which is the first target of high elasticity of thermal coal.SweetbonanzabuyfeatureGuanghui Energy, Haohua Energy and Shaanxi Coal Industry, as well as China Shenhua, which is the target of high dividend, suggest to pay attention to Yanzhou Mining Energy, which is the high elastic target of thermal coal. Proofread: Yao Yuan