Lates News

Guotai Haitong released a research report stating that from a global perspective, the strategic view of bullish on thermal coal is most core to see the follow-up demand side. The significantly higher-than-expected AI-driven increase in electricity demand is reversing the trend of weak national electricity consumption, while extreme weather is impacting the existing global power grid. There is a resonance of trends both at home and abroad. Looking ahead, it is expected that the production volume in the second half of the year will be affected by the "inspection and overproduction" impact, with a slight decrease in national production volume expected. The estimated production volume is 23.5-24 billion tons for the whole year, with a total production of 47.5-48 billion tons, basically flat year-on-year. The total supply is showing a downward trend due to the combined effect of the confirmed decrease in imports.