Shanxi: Overseas coal prices continue to rise while port inventories keep declining.

Overseas Coal prices continue to rise. Coupled with tariffs and changes in policies of overseas Coal producing countries, it is expected that domestic imported Coal will still face uncertainties, and there is little room for the domestic Thermal Coal price center to continue to decline.

Zhitong FinanceApr 15 14:47

Huafu Securities: As the price in the production area rises rapidly first, the trend of coal prices stabilizing becomes more apparent.

After the holiday, the resumption of coal mine production accelerates, supply is released more quickly, while heating demand gradually recedes at the same time and the resumption of non-electric production is general. As inventory accumulates, coal prices continue to adjust downwards, but with the rapid rise in prices at production sites, the trend of stabilizing coal prices is becoming clearer.

Zhitong FinanceMar 17 15:36

Express News | Coal Industrial Concept(coal Industry) fluctuates and rises, Shanxi Meijin Energy hits the upper limit.

BreakingsMar 13 09:57

Research Reports on digging for gold丨GTJA: The profitability stability of Jinneng Holding Shanxi Coal Industry is expected to exceed market expectations, giving it a 'Shareholding' rating.

On March 12, Gelonghui reported that GTJA's Research Reports indicate that during the coal price decline period, Jinneng Holding Shanxi Coal Industry (601001.SH) is expected to exceed market expectations in terms of profitability, backed by the second-largest coal group in the country, with asset injections contributing to future growth. Based on comparable companies' PE and PB valuations, a target price of 13.90 yuan is assigned, with a "Shareholding" rating. In the first three quarters of 2024, during the coal price decline period, the company's performance decline year-on-year is far below the Industry average, highlighting its profitability stability. Looking ahead to 2025, although the market coal price central tendency shifts downwards, it is believed that the company's profitability stability is likely to exceed market expectations. On one hand, this comes from the company's proactive and effective...

Gelonghui FinanceMar 12 17:25 · Ratings

Jinneng Holding Shanxi Coal Industry (601001): A Shanxi high-quality Thermal Coal enterprise that combines stability and growth.

Report overview: During the period of declining Coal prices, the company's profitability is expected to exceed market expectations; backed by the second-largest Coal group in the country, asset injection contributes to growth; asset quality continues to optimize, abundant Cash flow, and there are no concerns regarding expansion and dividends. Investment highlights: Initial coverage.

GTJAMar 11 07:57

A-shares fluctuation | Coal Industrial Concept stocks generally remained sluggish at the beginning of trading, with coal prices hitting a four-year low.

On February 19, according to Gelonghui, coal stocks in the A-shares market initially fell broadly, with Anyuan Coal Industry Group down 2.44%. Shaanxi Coal Industry, Jinneng Holding Shanxi Coal Industry, and Shan Xi Hua Yang Group New Energy each fell over 1.3%. Shanxi Coal International Energy Group, China Shenhua Energy, China Coal Energy, Shanxi Lanhua Sci-Tech Venture, and Guizhou Panjiang Refined Coal also experienced declines. According to China Coal Market Network, recent demand in the thermal coal market has not recovered as expected, while supply has shown a trend of accelerated increase, leading to continued accumulation of inventory in the upstream and midstream sectors, putting pressure on prices and causing further declines. As of February 17, the "CCTD Bohai Thermal Coal Spot Reference Price" for 5500K grade products has fallen to 746 yuan/ton, a decrease of 4 yuan/ton from the previous day, reaching a new low since 2021.

Gelonghui FinanceFeb 19 09:41