国联民生证券：本周港口煤价暂稳，产地煤价继续上涨

Core Viewpoint - The report from Guolian Minsheng Securities indicates that while port coal prices remain stable, prices at production sites are continuing to rise, influenced by supply constraints and increasing demand from power plants [1] Supply and Demand Analysis - Despite entering the peak season, the likelihood of a significant increase in production supply is low due to strong regulatory measures [1] - The daily coal consumption at power plants is consistently increasing, and as temperatures drop and industrial production ramps up towards year-end, the demand for electricity and coal is expected to gradually materialize [1] Inventory and Pricing Dynamics - Port inventories have accumulated due to shipping restrictions, but with improving weather conditions, these inventories are expected to decrease [1] - The available cargo at ports remains tight due to railway capacity limitations, and strong support for shipping costs is present [1] - Once demand is fully released, there is potential for coal prices to rise, with a possibility of reaching a peak of 1000 yuan per ton by year-end [1]