On April 29th, Guangfa Securities’ research report stated that the demand for coal industry in April was still in the off-season, and coal prices were generally weak. However, the expectation of increasing efforts to stabilize growth and counter cyclical adjustment policies in the later stage has begun to strengthen. With the recovery of industrial demand, the slowdown in production growth and the decline in imported coal expectations, it is expected that coal prices will gradually rise after inventory falls. In terms of the company, there may be a downward trend in coal prices in 2025. Considering that the long-term contract prices of leading companies are relatively stable and cost expenses are generally well controlled, it is expected that profits will remain overall stable.
Scan code to share