Report Summary 1. Report Industry Investment Rating No information provided. 2. Core View of the Report - The coal price is expected to slow down its upward trend in the short term. The supply is tightening as the coal production in major producing areas is running at a low level, and the coal prices at ports have been rising continuously. However, with the decrease in power plant consumption and the relatively stable port inventory, the upward momentum of coal prices is expected to weaken [4]. 3. Summary by Relevant Sections Market Review - On November 11, the port thermal coal market remained in a stalemate, with the supply and demand sides in a continuous game. The prices of different calorific value coal types in various regions are as follows: 5500 - kcal coal is priced at 840 - 850 yuan/ton in ports, 590 - 630 yuan/ton in Inner Mongolia for non - power enterprises, 620 - 670 yuan/ton in Shanxi for non - power enterprises, and 890 - 900 yuan/ton in Jiangnei ports; 5000 - kcal coal is priced at 740 - 750 yuan/ton in ports, 500 - 540 yuan/ton in Inner Mongolia for non - power enterprises, 550 - 600 yuan/ton in Shanxi for non - power enterprises, and 790 - 800 yuan/ton in Jiangnei ports; 4500 - kcal coal is priced at 640 - 650 yuan/ton in ports, 435 - 475 yuan/ton in Inner Mongolia for non - power enterprises, and 470 - 520 yuan/ton in Shanxi for non - power enterprises. The price of 6000 - kcal coal in Yulin for non - power enterprises is in the range of 680 - 710 yuan/ton, and the price of 5800 - kcal coal is in the range of 640 - 670 yuan/ton [2]. Important Information - In October 2025, China imported 4173.7 million tons of coal, a decrease of 451.1 million tons or 9.75% compared with the same period last year, and a decrease of 426.60 million tons or 9.27% compared with September. From January to October 2025, China imported a total of 38762.30 million tons of coal, a year - on - year decrease of 11% [3]. Logical Analysis - **Supply**: The impact of production restrictions still exists. The coal mine operating rates in major coal - producing areas of Shanxi, Shaanxi, and Inner Mongolia are generally stable. As of November 10, the coal mine operating rate in Ordos is 71%, and that in Yulin is 46%. The daily average coal output of Ordos and Yulin is more than 390 million tons, and the domestic supply is generally tightening. The coal prices have generally risen due to strong Chinese procurement demand [4]. - **Demand**: The procurement demand in China is relatively strong, while that in Japan and South Korea is average. The overall market sentiment has improved driven by Chinese buyers. Most power plants are operating at a load of about 70%, and the number of available days of power plant inventory is at a medium - to - high level, with a relatively stable overall operation. Some power plants mainly rely on long - term contract fulfillment and basically achieve a balance between intake and consumption, while a few power plants make small - scale market purchases according to their own inventory structures [4]. - **Inventory**: Railway transportation has returned to normal. The daily average transportation volume of the Datong - Qinhuangdao Line is 1.3 million tons, and the number of approved trains by the Hohhot Railway Bureau is around 30. The port inventory is generally stable. As of November 10, the inventory of Bohai Rim ports is 22.91 million tons, at a neutral level over the years. The daily consumption of coastal power plants is low, but the inventory is continuously decreasing, and the inventory of inland power plants is neutral [4]. - **Overall Situation**: In mid - November, the coal production in major producing areas is running at a low level, the coal operating rates in Ordos and Yulin are stable, and the daily average output is around 3.8 million tons, with supply tightening. The power plant inventory is continuously decreasing, the import profit is available, and coastal power plants are increasing their procurement efforts. The port intake and output are at a low level, and the port inventory fluctuates within a range. With the end of the high - temperature period across the country, the daily consumption of power plants is hovering at a low level, and the coal consumption is average. However, the inventory of coastal power plants is lower than the same period, and they continue to make rigid - demand purchases, leading to a continuous increase in the port FOB price. The coal mine operating rate is low due to strengthened safety supervision at the mine mouth, and the output is average. The demand for chemical coal is acceptable, and the increase in the mine - mouth price has narrowed. It is expected that the coal price will mainly slow down its upward trend in the short term [4].

Group 1: Market Review - On November 10, port market quotes were firm. The 5500 - kcal coal was quoted at 840 - 850 yuan/ton, the 5000 - kcal at 740 - 750 yuan/ton, and the 4500 - kcal at 640 - 650 yuan/ton. Coal prices in different regions varied [2]. Group 2: Important Information - In October 2025, China imported 4173.7 million tons of coal, a decrease of 451.1 million tons (9.75%) compared to the same period last year and a decrease of 426.60 million tons (9.27%) compared to September. From January to October 2025, China imported 38762.30 million tons of coal, a year - on - year decrease of 11% [3]. Group 3: Logic Analysis - Supply: Restrictions on production still had an impact. The coal mine operating rates in major coal - producing areas of Shanxi, Shaanxi, and Inner Mongolia were generally stable. As of November 10, the coal mine operating rate in Ordos was 71%, and in Yulin it was 46%. The daily coal output of Ordos and Yulin was over 390 million tons, and the domestic supply tightened [4]. - Import: China's procurement demand was strong, and coal prices generally rose. Indonesia's precipitation affected coal production and transportation, leading to a tight market supply [4]. - Demand: Most power plants maintained a load of around 70%. Power plant inventory days were at a medium - to - high level. Some power plants mainly fulfilled long - term contracts, achieving a balance between intake and consumption, while a few made small - scale market purchases [4]. - Inventory: Railway transportation returned to normal. The daily transportation volume of the Datong - Qinhuangdao line was 1.3 billion tons, and the number of approved trains by the Hohhot Railway Bureau was around 30. Port inventory was generally stable. As of November 10, the inventory of Bohai Rim ports was 2237 million tons, at a neutral level in history. Coastal power plants had low daily consumption but their inventory was continuously decreasing, while inland power plants had neutral inventory [4]. - Outlook: In mid - November, coal production in major producing areas was low. The coal operating rates in Ordos and Yulin were stable, with a daily output of around 380 million tons, and the supply tightened. Power plant inventory continued to decline, import profit margins opened up, and coastal power plants increased their procurement. Port intake and output were at low levels, and port inventory fluctuated within a range. As the high - temperature weather subsided nationwide, power plant daily consumption remained low, and coal consumption was average. However, coastal power plant inventory was lower than the same period, with continuous rigid - demand procurement. Port FOB prices continued to rise. With strengthened safety supervision at the mine mouth, the coal mine operating rate was low, production was average, and the demand for chemical coal was fair, so the mine - mouth price rose firmly. It was expected that coal prices would rise in the short term [4].

澳洲證券交易所、香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Yancoal Australia Ltd ACN 111 859 119 兗煤澳大利亞有限公司* （於澳大利亞維多利亞州註冊成立的有限公司） （香港股份代號：3668） （澳洲股份代號：YAL） 季度報告 截至2025年9月30日止季度 2025年10月20日刊發 * 仅供识别 本季度兗煤澳洲的可記錄總工傷頻率降至 5.71，仍然低於可比較行業加權基準。1 儘管本季度受到降雨因素干擾，但原煤總產 量與公司預測一致。商品煤總產量為1,230萬 噸（100%基準），與前一季度持平。如預期， 由於彌補了第二季度末因天氣因素導致船運 延遲而產生的銷售缺口，本季度的權益銷量 高於權益產量。 2025年第三季度整體煤炭銷售價格為140澳 元/噸，其中動力煤銷售價格保持穩定，冶金 煤銷售價格環比下降1%，銷售價格綜合反映 了煤炭價格指數、匯率和銷售合約結構的滯 後效應。 2025年運營指引（保持不變） ...

Core Viewpoint - The coal industry in China is experiencing a downturn in both revenue and profit due to a relaxed supply-demand situation and declining coal prices, with expectations for gradual improvement in the second half of 2025 as demand in non-electric sectors is anticipated to rise [1][7]. Group 1: Revenue and Profit Decline - Major coal companies, including China Shenhua, Shaanxi Coal and Energy, and China Coal Energy, reported significant declines in both revenue and profit for the first half of 2025, with China Shenhua's revenue at 138.11 billion yuan and net profit at 24.64 billion yuan, down 18.34% and 12.0% year-on-year respectively [2][3]. - Shaanxi Coal and Energy's revenue fell to 77.98 billion yuan, a decrease of 14.19%, with net profit dropping 31.18% to 7.64 billion yuan, attributed to lower coal prices [2]. - China Coal Energy's revenue was 74.44 billion yuan, down 19.95%, and net profit decreased by 21.28% to 7.71 billion yuan, while Yanzhou Coal Mining's revenue was 59.35 billion yuan, down 17.93%, with net profit down 38.53% to 4.65 billion yuan [3]. Group 2: Market Characteristics - The coal market in the first half of 2025 showed a pattern of increased production but decreased prices, with national raw coal output rising by 5.4% to 2.4 billion tons, while coal imports fell by 11.1% to 22.2 million tons [4]. - The average price of thermal coal at Qinhuangdao Port dropped by approximately 22.2% to 685 yuan per ton [4]. - The overall revenue for the coal mining and washing industry decreased by 21% to 1.24 trillion yuan, with total profits down 53% to 149.16 billion yuan [4]. Group 3: Future Outlook - Despite the current downturn, several coal companies are optimistic about the second half of 2025, expecting a stabilization in coal prices and a slight recovery in demand due to seasonal factors and macroeconomic policies [7][8]. - Non-electric demand is projected to become a significant support for the market, with expectations for increased demand in the upcoming months, particularly during the "Golden September and Silver October" period [8]. - Companies like Yanzhou Coal Mining are implementing strategies to increase production and manage costs, anticipating a rise in coal output by over 40 million tons in the latter half of the year [6].

Core Viewpoint - Yancoal Energy reported a stable performance in the first half of the year despite challenges in the coal market and energy sector transformation, with a focus on increasing production, controlling costs, expanding markets, and strengthening management [1] Financial Performance - In the first half of the year, Yancoal Energy achieved operating revenue of 59.349 billion yuan and a net profit attributable to shareholders of 4.652 billion yuan, with record-high coal production and enhanced profitability from the coal chemical segment [1] - The company expects continued implementation of measures in the second half, supported by stabilizing coal prices, effective capacity release, and profit contributions from the Northwest Mining integration [1] Market Outlook - The coal market is showing signs of price improvement and increased production, with market coal prices recovering since late June due to stricter production checks, safety regulations, and seasonal demand [1] - Yancoal Energy anticipates an increase of over 40 million tons in coal production by 2025, primarily in the second half of the year [1] Production Capacity - In the first half of the year, Yancoal Energy's Shaanxi-Mongolia and Australian bases showed significant production increases, with total coal production reaching 73.6 million tons, a year-on-year increase of 4.52 million tons or 6.5% [2] - The Shaanxi-Mongolia base achieved full production capacity, contributing 23.55 million tons, a year-on-year increase of 2.15 million tons or 10%, with key mines significantly boosting output [2] Supply and Demand Dynamics - Domestic supply is expected to be limited in the second half of 2025 due to increased production checks and adverse weather conditions, while imports are projected to continue declining due to policies restricting low-quality coal [3] - Demand is expected to improve, supporting coal price stability, with anticipated steady growth in electricity coal demand and increased coal consumption in the chemical sector [3] International Market Insights - The International Energy Agency predicts a slight increase in global coal demand in 2025, with Yancoal Energy noting limited production increases from major coal-producing countries and geopolitical uncertainties affecting international coal prices [3]

Core Viewpoint - China Shenhua's latest semi-annual report reveals a significant decline in revenue and net profit, marking the third consecutive year of profit decrease, primarily due to adverse coal market conditions [1][2]. Financial Performance - The company's revenue for the first half of the year decreased by 18.3% year-on-year to 138.11 billion yuan, while net profit attributable to shareholders fell by 12% to 24.641 billion yuan [1]. - Coal sales volume dropped by 10.9% to 205 million tons, and the average selling price decreased by 12.9% to 493 yuan per ton, leading to a decline in coal sales revenue [2]. - The power generation segment saw a 7.4% decrease in electricity generation to 98.78 billion kWh, with total electricity sales down 7.3% to 92.91 billion kWh [3]. Business Segments - The coal, railway, and power generation segments are the primary profit sources, contributing nearly 96% of total operating profit, with coal alone accounting for over 60% [1]. - The railway segment increased non-coal cargo handling by 7.4% to 13.1 million tons, while the port segment handled 7.2 million tons of non-coal goods, up 5.9% [3]. Market Conditions - The domestic coal market is described as weak, with a slight increase in overall coal consumption of 0.4%, but a 1.8% decline in the power generation sector's coal consumption [2]. - The average utilization hours for coal-fired power generation decreased by 147 hours year-on-year to 2056 hours, reflecting the impact of rapid development in renewable energy [2]. Future Outlook - The company maintains an optimistic outlook for the second half of the year, anticipating policy-driven energy demand growth and potential recovery in coal consumption and prices [3].

Group 1: Report Overview - The report is an energy and chemical research report on coal, dated August 20, 2025 [2] Group 2: Market Review - On August 20, the port thermal coal market was stable with limited fluctuations in quotes and transactions. The 5500 - kcal coal was quoted at 700 - 710 yuan/ton, 5000 - kcal at 640 - 645 yuan/ton, and 4500 - kcal at 560 - 565 yuan/ton in the market. Different regions had different price ranges for non - electric enterprise coal [3] Group 3: Important Information - From January to July, national railways transported 11.96 billion tons of coal, including 8.16 billion tons of thermal coal. The coal inventory of railway - directly - supplied power plants remained at a high level. The freight volumes of mining construction materials, smelting supplies, and grain increased by 13.6%, 8.2%, and 12.7% year - on - year respectively [4] Group 4: Logic Analysis - Supply: Recent continuous rainfall in the northwest led to a significant decline in the coal mine operating rate in major coal - producing areas of Shanxi, Shaanxi, and Inner Mongolia. As of August 19, the operating rate in Ordos was 71% and in Yulin was 45%. The daily average coal output of Ordos and Yulin was over 3.5 million tons, and the overall domestic supply tightened [5] - Import: Affected by the improvement of domestic coal prices, the sentiment in the import market continued to warm up this week. Due to the good price advantage of imported coal, the inquiry enthusiasm of coastal power plants increased significantly, and the market transaction atmosphere improved [5] - Demand: Power plants maintained a stable operation with a load of 70% - 80%. Power plant inventories were at a high level, and only a small amount of rigid - demand purchases were made in the market under the long - term agreement coal supply. On the other hand, the cement operating rate at the non - electric end hovered at a low level, while the restart of methanol and urea maintenance devices led to a high - level operating rate, and the demand for chemical coal was generally good, providing stable support for coal prices in the pit - mouth area [5] - Inventory: Northwest rainfall affected coal transportation. The daily average volume of the Datong - Qinhuangdao Railway was less than 1 million tons, and the number of approved carriages by the Hohhot Railway Bureau was around 15. With high outbound volumes, port inventories continued to decline. As of August 20, the inventory of Bohai Rim ports dropped to 21.8 million tons, a decrease of 10 million tons from the high level, and the inventory level was low. The daily consumption of coastal power plants increased seasonally, and inventories decreased, while the inventories of inland power plants were still high [5] - Outlook: In late August, coal production in major producing areas was restricted, the coal operating rate in Ordos and Yulin dropped significantly, and the daily average output decreased to 3.5 million tons, resulting in supply tightening. Power plant inventories decreased, import profits emerged, and power plants only made rigid - demand purchases. The shipping from production areas to ports was at a loss, and traders suspended shipping. Port inflows were at a low level, while outflows were high, and port inventories continued to decline. With continuous high - temperature weather across the country, the daily consumption of power plants reached the annual peak, coal consumption returned to the same - period level, the inventories of coastal power plants were lower than the same - period level, and continuous rigid - demand purchases were made. The FOB prices at ports rebounded continuously. Affected by continuous rainfall, the coal mine operating rate in the pit - mouth area dropped significantly, production was restricted, and the demand for chemical coal was good. The pit - mouth prices rebounded continuously, rising 100 yuan/ton from the low point, and are expected to remain firm and rise in the short term [5]

Group 1: Report Overview - Report Name: Coal Daily Report (August 4, 2025) [3] - Report Type: Energy and Chemical Research Report, Commodity Research [1][2] Group 2: Market Review - Spot Market: On August 4, the coal market in port areas showed a strong trend, with a tight supply - demand structure. Different calorific - value coal prices were provided for various regions such as ports, Inner Mongolia, Yulin, Shanxi, and Jiangnei ports [4]. Group 3: Important Information - Electricity Consumption: In June, the total social electricity consumption was 867 billion kWh, a year - on - year increase of 5.4%. The first, second, third industries and urban and rural residents' electricity consumption all had different growth rates. In the first half of the year, the cumulative total social electricity consumption was 4841.8 billion kWh, a year - on - year increase of 3.7% [5]. Group 4: Logic Analysis Supply - Domestic Supply: Due to continuous rainfall in the northwest, the coal mine operating rates in major coal - producing areas of Shanxi, Shaanxi, and Inner Mongolia dropped significantly. As of August 2, the operating rates in Ordos and Yulin were 66% and 41% respectively, and the daily coal output in the two cities dropped to over 3.2 million tons, tightening the overall domestic supply [6]. - Import: The prices of different calorific - value coal were given, with 5500 - kcal coal at 500 - 550 yuan/ton, 5000 - kcal coal at 440 - 490 yuan/ton, and 4500 - kcal coal at 380 - 430 yuan/ton [6]. Demand - Power Plants: Affected by heavy rain, the load of some power plants decreased, and the inventory was at a medium level. Power plants mainly purchased long - term contracts, and due to the "buy - on - rising" psychology, they bought a small amount of market coal to supplement inventory. - Non - power Sectors: The cement operating rate was low, while the restart of methanol and urea maintenance devices led to a high operating rate, and the overall demand for chemical coal was okay, providing stable support for coal prices in the pit - mouth area [6]. Inventory - Port Inventory: Affected by rainfall in the northwest, the daily average volume of the Datong - Qinhuangdao Railway was 1 million tons, and the approved car numbers of the Hohhot Railway Bureau were around 15 trains. With high out - flow, the port inventory continued to decline. As of August 4, the inventory in the Bohai Rim ports dropped to 23.4 million tons, a decrease of 8 million tons from the high level [6]. - Power Plant Inventory: The daily consumption of coastal power plants increased seasonally, and the inventory decreased. The inventory of inland power plants was still high [6]. Overall Outlook - In early August, the coal production in major producing areas was restricted, the operating rates in Ordos and Yulin dropped significantly, and the supply tightened. With the continuous high - temperature weather across the country, the daily consumption of power plants will continue to increase seasonally. It is expected that coal prices will continue to rise strongly in the short term [6]. Group 5: Related Charts - Multiple charts were provided, showing the inventory and consumption data of different types of ports and power plants from 2022 to 2025, including national ports, Bohai Rim ports, downstream ports, etc. [10][14]

Group 1: Report Information - Report Title: Coal Daily Report, July 29, 2025 [3] - Report Type: Energy and Chemical Research Report, Commodity Research [1][2] Group 2: Market Review - Spot Market: On July 29, port market trading was average, with stable trader quotes. 5500 - kcal coal was quoted at 650 - 660 yuan/ton, 5000 - kcal at 590 - 600 yuan/ton, and 4500 - kcal at 520 yuan/ton in the port market. Non - electric coal prices varied by region, e.g., in Inner Mongolia, 5500 - kcal coal was 425 - 465 yuan/ton [4]. - Jiangnei Port: 5500 - kcal power coal was quoted at 690 - 710 yuan/ton, and 5000 - kcal at 630 - 640 yuan/ton [4]. Group 3: Important Information - June Electricity Consumption:全社会用电量 was 867 billion kWh in June, up 5.4% year - on - year. The first, second, third industries, and residential electricity consumption were 13.3 billion, 548.8 billion, 175.8 billion, and 129.1 billion kWh respectively, with year - on - year growth of 4.9%, 3.2%, 9.0%, and 10.8% [5]. - H1 Electricity Consumption: Cumulative electricity consumption in the first half of the year was 4841.8 billion kWh, up 3.7% year - on - year [5]. Group 4: Logical Analysis - Supply: Pit - mouth prices rebounded, and coal mine operations recovered. As of July 26, the coal mine operating rates in Ordos and Yulin were 78% and 47% respectively, with a daily output increase of over 4 million tons in the two cities. Overall domestic supply remained abundant [6]. - Import: The domestic and import markets diverged. Domestic coal prices were stable, while importers reduced prices, and actual transaction prices declined [6]. - Demand: Due to continuous rainfall, thermal power generation decreased slightly, and power plant daily consumption fell slightly. With long - term contract coal supply, market procurement demand was limited. Non - electric cement operating rates were low, while coal - to - methanol and coal - to - urea operating rates were high, and chemical coal demand was fair [6]. - Inventory: Shipping volume increased. The daily average volume of the Datong - Qinhuangdao Railway was 1.1 million tons, and the Huhehaote Railway approved about 25 trains. Port inventory continued to decline. As of July 28, the inventory at Bohai Rim ports dropped to 24.8 million tons, a reduction of 7 million tons from the high, but still relatively high. Coastal power plant daily consumption increased seasonally, but inventory reduction was slow, and inland power plant inventory remained high [6]. - Overall Situation: In late July, coal production in major producing areas increased, and power plant inventory reduction was slow. With the impact of imported coal, power plants only made necessary purchases. Traders actively shipped, and port inventory continued to decline. As the temperature rose, power plant daily consumption would continue to increase seasonally, and coal prices were expected to rise [6]. Group 5: Charts - The report includes multiple charts showing the inventory and daily consumption of different types of power plants (coastal 8 - province, inland 17 - province, key power plants), as well as the inventory of various ports (national, Bohai Rim, downstream, East China, South China, Jiangnei ports) and pit - mouth stations from 2022 to 2025 [10][14]

Group 1: Report Overview - Report Name: Energy Chemical R & D Report - Coal Daily (July 24, 2025) [2] - Researcher: Zhang Mengchao [6] - Data Source: Galaxy Futures [11][15] Group 2: Market Review - Spot Market Prices: On July 24, port market trading atmosphere was average, with traders' quotes remaining firm. 5500 - kcal coal was quoted at 650 - 660 yuan/ton, 5000 - kcal at 590 - 600 yuan/ton, and 4500 - kcal at 520 yuan/ton in the port market. Different regions had their own price ranges for non - electric enterprise coal [3]. Group 3: Important Information - Power Generation Installed Capacity: As of the end of June, the national cumulative power generation installed capacity was 3.65 billion kilowatts, a year - on - year increase of 18.7%. Solar power installed capacity was 1.1 billion kilowatts (up 54.2% year - on - year), and wind power was 570 million kilowatts (up 22.7% year - on - year). From January to June, the national power generation equipment's average utilization hours were 1504, 162 hours less than the previous year [4]. Group 4: Logic Analysis - Supply: Pit - mouth prices continued to rebound, and coal mines resumed production. The coal mine start - up rates in the main coal - producing areas of Shanxi, Shaanxi, and Inner Mongolia increased. As of July 23, the coal mine start - up rate in Ordos was 78%, and in Yulin was 46%. The daily coal output in Ordos and Yulin increased by about 4 million tons, and the domestic supply was generally loose [5]. - Import: The domestic and import markets showed different trends. The domestic coal price was basically stable, while import traders continued to cut prices to sell, and the actual transaction price in the market decreased [5]. - Demand: Currently, hydropower was weak, the power plant load increased, daily consumption rose, and inventory decreased. Some power plants reported that market coal procurement was hindered by railway capacity constraints and rising coal prices. Non - electric cement start - up rate was low, while the restart of methanol and urea maintenance devices led to high - level operation of coal - to - methanol and coal - to - urea start - up rates, and the demand for chemical coal was generally good [5]. - Inventory: Shipping volume started to increase. The average daily volume of the Datong - Qinhuangdao line was 1.1 million tons, and the number of approved wagons by Huhehaote Railway Bureau was around 25 trains. Port inventory continued to decline. As of July 24, the inventory in Bohai Rim ports dropped to 25.35 million tons, a decrease of 6 million tons from the high level but still relatively high. Coastal power plant daily consumption increased seasonally, but inventory reduction was slow, and inland power plant inventory was still high [5]. - Outlook: In late July, the coal output in the main producing areas increased, the start - up rates in Ordos and Yulin rose, and the overall supply was relatively abundant. Power plant inventory reduction was slow, and due to the impact of imported coal, power plants only maintained rigid demand procurement. Traders actively shipped, port inflow increased, and port inventory continued to decline. With the continuous high - temperature weather across the country, power plant daily consumption would continue to increase seasonally, and coal consumption would return to the same - period level. Coastal power plant inventory was lower than the same period, and they continued rigid demand procurement. The port FOB price rebounded continuously. The start - up rate of coal - chemical products in the pit - mouth area was high, the demand for chemical coal was good, and the import volume decreased significantly. As the southern temperature rose, the power plant replenishment rhythm accelerated. It was expected that coal prices would continue to rise firmly [5]. Group 5: Related Charts - Charts include national port inventory, Bohai Rim port inventory, downstream port inventory, East China port inventory, South China port inventory, Jiangnei port inventory, key power plant inventory, pit - mouth platform inventory, coastal 8 - province power plant inventory, coastal 8 - province power plant daily consumption, coastal 8 - province power plant available days, inland 17 - province power plant inventory, inland 17 - province power plant daily consumption, inland 17 - province power plant available days, power plant inventory, and power plant daily consumption from 2022 - 2025 [8][11][15]