Last week, from December 10 to December 16, coal inventories at the four major ports in the Bohai Rim dropped slightly from 17.978 million tons to 17.013 million tons. This represents a decrease of 176,000 tons, or 1.02%, compared to the previous week. The reduction was spread across the ports, with some showing notable declines while others saw small increases.
As of December 16, the individual port inventories were as follows: Qinhuangdao Port held 6.59 million tons, Caofeidian Port (SDIC) had 4.09 million tons, Jingtang Port reported 3.5 million tons, and Tianjin Port recorded 2.833 million tons. Compared to the prior week, Qinhuangdao and Jingtang Ports both saw reductions in their coal stocks, while Caofeidian and Tianjin Ports experienced slight increases.
In addition to inventory levels, the number of vessels waiting to be loaded at the four ports’ anchorages also rose significantly. As of December 16, the total number of ships awaiting loading increased, with Qinhuangdao Port having 61 vessels, Jingtang Port 34, Tianjin Port 28, and Caofeidian Port 24. This suggests growing demand for coal shipments, likely driven by seasonal energy needs.
Despite the increased vessel activity, coal prices at the four Bohai ports remained under pressure. This is partly 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 supply still abundant and demand relatively stable, the market continues to see downward pressure on steam coal prices.
Overall, the data reflects a modest decline in coal stockpiles but signals continued volatility in the regional coal market. As winter approaches, further changes in inventory and pricing could be expected depending on weather conditions and industrial demand.Roots Flowmeter,Pipe Roots Flowmeter,Waist Wheel Roots Flowmeter,Gas Roots Flow Meter
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