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All of a sudden, 80 million people read the topic, and tens of thousands of netizens participated in the discussion. They said that the power was suddenly cut off, even the Internet and mobile phone signals were very weak, some of the network was completely interrupted, and elevators and lights could not be used.In addition to power, more netizens exposed from 12:00 am began without warning water.

Sources close to the situation said that this time the impact of guangzhou, Shenzhen, Dongguan, Zhongshan, Foshan, Huizhou, Zhuhai and other regions of Guangdong province, involving a large scope.It was not until more than an hour later that power was slowly restored to some areas, but there were still some areas that had not been restored, and the high water pressure was small, and the tap water was not free.

Guangzhou power Supply bureau responded at noon on Monday that there was no large-scale power outage, which was caused by a regional fault. The emergency repair has been completed, and the overall power supply in Guangzhou is stable.

Widespread power cuts have led to rising prices of some raw materials

The electricity power brownouts since in jiangsu and zhejiang area covering most of the southern region, answer to the question of the power part of the hot spots in the company’s notification, said the main reason is that the coal supply and cause price increases, it is understood that the north port is not only a low sulfur coal shortages, but to all kinds of coal in shortage, price would be higher than usual, but is not available.

In recent months, with the arrival of the winter demand peak, thermal coal, coking coal, coke, LNG, methanol prices have been varying degrees.

Since November, thermal coal futures contract 01 has gone out of a round of unilateral rise after standing at the round 600 yuan threshold. Up to December 10, it closed at 752.60 yuan, rising more than 150 yuan in half a month.On Dec. 11, thermal coal futures, the main contract, hit its daily limit again, rising 4% to 777.2 yuan/ton, a new record.

In addition to coal, iron ore has also been surging recently.Iron ore prices have fluctuated between 540 yuan per tonne and 570 yuan per tonne at the start of the year, hitting a low of 542 yuan per tonne this year before rising to 915 yuan per tonne on August 6 this year and then gradually falling back to 764 yuan per tonne at the end of October.Most in the industry thought iron ore prices would fall all the way down, but did not expect them to soar to 1, 066 yuan/ton on December 18.

The price of iron ore “broke thousands” almost destroyed the “psychological bottom limit” of domestic steel enterprises.Every day in the past month, with the exception of a few minor downgrades, the number of days has risen.The spot price of 62% iron ore powder reached $145.3 per ton, a new high in nearly eight years.Meanwhile, the price of iron ore futures I2105 rose to 897.5 on the day, an intraday high for the commodity since it was listed in China.

Rising coal prices have a direct impact on the cost of cement manufacturing, while power rationing will reduce supply at some commercial concrete stations, thereby affecting the relationship between supply and demand.At the same time, many cement enterprises are in the wrong peak production season, which will promote a new round of cement price rise.

Coal “price limit order”, iron ore prices

In order to ensure coal supply and stable prices, the China Coal Industry Association and the China Coal Transport and Marketing Association jointly issued a proposal, urging enterprises to “ensure safety, ensure supply, stabilize prices, and sign early, frequent, firm and long-term coal contracts” during the peak winter season.Large coal enterprises should give full play to their leading role in stabilizing the market and prevent coal prices from going up and down dramatically.

On the afternoon of December 10, The Iron and Steel Association organized the iron ore market symposium of Baowu, Shagang, Angang, Shougang, Hegang, Valin And Jianlong, discussing the recent market operation and other issues.Participants believe that the current iron ore prices have deviated from the fundamentals of supply and demand, much more than expected steel mills, capital speculation signs are obvious.

At present, the pricing mechanism of iron ore market has broken down. The steel enterprises have unanimously called on the State Administration for Market Regulation and the Securities Regulatory Commission to take effective measures, intervene in the investigation in a timely manner, and severely crack down on possible violations and violations in accordance with the law.


Post time: Dec-25-2020