全国电煤采购招标价(jia)位指数值（CECI）制定办公场所室上(shang)架(jia)的(de)《CECI指(zhi)(zhi)(zhi)(zhi)标(biao)(biao)(biao)值(zhi)(zhi)(zhi)进(jin)(jin)行分析周报》（2025年第6期(qi)）表示，CECI东部指(zhi)(zhi)(zhi)(zhi)标(biao)(biao)(biao)值(zhi)(zhi)(zhi)中高烧不退(tui)值(zhi)(zhi)(zhi)煤种(zhong)现货(huo)平台交(jiao)易成交(jiao)价(jia)额价(jia)续展小幅度(du)变(bian)低(di)(di)。曹妃甸指(zhi)(zhi)(zhi)(zhi)标(biao)(biao)(biao)值(zhi)(zhi)(zhi)继续减退(tui)。进(jin)(jin)口报关指(zhi)(zhi)(zhi)(zhi)标(biao)(biao)(biao)值(zhi)(zhi)(zhi)各品种(zhong)品煤种(zhong)现货(huo)平台交(jiao)易成交(jiao)价(jia)额价(jia)均(jun)有(you)有(you)所不同成度(du)减退(tui)。CECI的(de)采(cai)购运(yun)营运(yun)营总监指(zhi)(zhi)(zhi)(zhi)标(biao)(biao)(biao)值(zhi)(zhi)(zhi)联续六期(qi)保持缩(suo)小区段，分项(xiang)目指(zhi)(zhi)(zhi)(zhi)标(biao)(biao)(biao)值(zhi)(zhi)(zhi)中，其他分指(zhi)(zhi)(zhi)(zhi)标(biao)(biao)(biao)值(zhi)(zhi)(zhi)均(jun)保持缩(suo)小区段，供求和(he)的(de)需求分指(zhi)(zhi)(zhi)(zhi)标(biao)(biao)(biao)值(zhi)(zhi)(zhi)同比增长(zhang)率上(shang)升时(shi)，库(ku)存(cun)盘(pan)点、价(jia)和(he)港口物(wu)流分指(zhi)(zhi)(zhi)(zhi)标(biao)(biao)(biao)值(zhi)(zhi)(zhi)同比增长(zhang)率变(bian)低(di)(di)。

一、市场情况综述

烧煤(mei)(mei)热(re)(re)(re)热(re)(re)(re)发(fa)(fa)电站(zhan)制作角(jiao)度，逐(zhu)渐端午节春(chun)节长假后各产(chan)业群己(ji)经复(fu)工复(fu)厂(chang)(chang)复(fu)厂(chang)(chang)，发(fa)(fa)电站(zhan)能、耗(hao)(hao)煤(mei)(mei)量(liang)和入(ru)厂(chang)(chang)煤(mei)(mei)量(liang)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)再(zai)次(ci)高效(xiao)骤(zhou)降(jiang)，但恢复(fu)过来(lai)网络速度略缓于(yu)去年阳历(li)减幅(fu)(fu)(fu)(fu)(fu)(fu)。集中供水(shui)量(liang)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)首要月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)加(jia)，煤(mei)(mei)热(re)(re)(re)热(re)(re)(re)发(fa)(fa)电站(zhan)存货月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)再(zai)次(ci)骤(zhou)降(jiang)，但仍处减幅(fu)(fu)(fu)(fu)(fu)(fu)箱顶。不(bu)同中电联(lian)染料分析(xi)(xi)表(biao)数值，小编列入(ru)用电这个行业染料分析(xi)(xi)表(biao)的发(fa)(fa)电站(zhan)集团性猛交富婆╳xxx乱(luan)大交天津-男(nan)人添女(nv)人囗交做爰高潮-中国女(nv)人性猛交-chinese乱(luan)国产(chan)乱(luan)video烧煤(mei)(mei)热(re)(re)(re)热(re)(re)(re)发(fa)(fa)电站(zhan)每日发(fa)(fa)电站(zhan)能月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)22.6%，月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)31.8%。每日集中供水(shui)量(liang)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)0.7%，月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)47.5%。每日电煤(mei)(mei)耗(hao)(hao)量(liang)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)18.1%，月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)27.6%。在其中，海路(lu)(lu)公路(lu)(lu)运输热(re)(re)(re)热(re)(re)(re)发(fa)(fa)电站(zhan)每日耗(hao)(hao)煤(mei)(mei)量(liang)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)54.9%，月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)68.0%；每日入(ru)厂(chang)(chang)煤(mei)(mei)量(liang)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)5.1%，月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)7.2%。烧煤(mei)(mei)热(re)(re)(re)热(re)(re)(re)发(fa)(fa)电站(zhan)存煤(mei)(mei)10878万吨，月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)月(yue)(yue)(yue)(yue)(yue)(yue)(yue)(yue)相(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)(xiang)比(bi)(bi)(bi)(bi)(bi)以(yi)(yi)(yi)往(wang)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)持(chi)(chi)续(xu)(xu)(xu)(xu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)额(e)(e)率(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)(lv)增(zeng)(zeng)(zeng)(zeng)(zeng)(zeng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)7十万吨。

图1  燃煤电厂周均发电量走势图

图2  燃煤电厂电煤库存走势图

在(zai)中国原煤能(neng)源(yuan)主产自这方面，大(da)一些国企(qi)露天(tian)煤矿保持稳(wen)定一切正常制造和营(ying)销(xiao)，部分民(min)营(ying)化煤企(qi)纷纷灰复至(zhi)春节日期间销(xiao)售(shou)(shou)市(shi)场(chang)销(xiao)售(shou)(shou)动态，原煤能(neng)源(yuan)产品(pin)批售(shou)(shou)不断地增涨(zhang)。近分阶段魅力、化工机械(xie)、有色金属等中小企(qi)业库存量更(geng)为充沛，洗煤厂、贸(mao)易服(fu)务商多持犹豫表现，多以购房者(zhe)低(di)费(fei)(fei)用(yong)采购计划主要，坑(keng)口产品(pin)拉运更(geng)为空(kong)荡(dang)荡(dang)，附加大(da)一些的集(ji)团公司变动购进价以其集(ji)装箱码头(tou)费(fei)(fei)用(yong)，坑(keng)口销(xiao)售(shou)(shou)市(shi)场(chang)现货黄金费(fei)(fei)用(yong)重新弱稳(wen)使用(yong)。

码(ma)头市(shi)厂多方面，近些年(nian)大秦铁路FBA货物运量已完(wan)全恢复至(zhi)平(ping)均(jun)(jun)5000万吨水平(ping)方向(xiang)，情(qing)者(zhe)沿海城市(shi)水电厂仍(reng)以钢度拉(la)运甚至(zhi)所耗(hao)自身业务仓库为(wei)主导，许(xu)多关(guan)键(jian)码(ma)头调整量需小于掉入量，码(ma)头仓库延续积攒，货易商卖出及时，报价(jia)为(wei)展(zhan)现小范(fan)围脱焊，但码(ma)头市(shi)厂煤平(ping)均(jun)(jun)价(jia)量偏少，现货平(ping)台平(ping)均(jun)(jun)价(jia)产品(pin)报价(jia)弱(ruo)稳程序(xu)运行(xing)。

综(zong)合管理看你，随(sui)各加(jia)工(gong)业开工(gong)开产稳(wen)步发(fa)展(zhan)推(tui)动，散煤(mei)热电厂发(fa)电池寿命、耗煤(mei)量(liang)和入厂煤(mei)量(liang)依然上(shang)升，煤(mei)碳主产区供应信息连续(xu)(xu)恢复原状，海港口(kou)(kou)城市(shi)调(diao)成量(liang)多(duo)于调(diao)成量(liang)，库存商品连续(xu)(xu)累(lei)计，坑口(kou)(kou)和海港口(kou)(kou)城市(shi)期货行业特征平平，望而却(que)步焦虑情绪仍日趋积(ji)淀(dian)，期货总成交(jiao)价格依然弱稳(wen)启(qi)动。

二、CECI指数分析

CECI沿海指数5500千卡/千克和5000千卡/千克现货成交价较上期分别下降2元/吨、1元/吨。从样本情况看，5500千卡/千克规格品现货成交价样本价格区间为750-760元/吨，5000千卡/千克规格品现货成交价样本价格为670元/吨。从样本热值分布看，4500千卡/千克、5000千卡/千克、5500千卡/千克样本在总量中占比分别为49.0％、32.7％、18.3％。

图3  CECI沿海指数综合价走势图

CECI曹妃甸指数5500千卡/千克、5000千卡/千克和4500千卡/千克平均价格分别为757.5元/吨、665.3元/吨和580元/吨，电煤现货价格持续下跌，各规格品本周价格平均值比上周分别下降2.5元/吨、2.7元/吨和2元/吨。现货交易日均总数量基本持平，其中5500千卡/千克、4500千卡/千克样本数量略有减少，5000千卡/千克样本数量略有增加。

图4  CECI曹妃甸指数走势图

CECI进口指数到岸标煤单价818元/吨，较上期下降7元/吨，环比下降0.8%。现货价格中，各规格品热值进口煤现货价格均有不同幅度下降，其中太仓港（灵便型）5500千卡/千克价格环比下降14元/吨，广州港（巴拿马型）3800千卡/千克价格环比下降6元/吨。印尼斋月即将来临，加之低热值规格品采购需求增加，外矿报价稍显坚挺。但国内电煤现货市场阴跌走弱，沿海电煤供需格局整体宽松，以低价采购为主，进口贸易商竞价压力较大，实际成交量一般，招投标价格延续弱稳运行。

表1  CECI进口指数

CECI采购经理人指数连续6期处于收缩区间。其中，供给分指数连续6期处于收缩区间，表明电煤供给量继续下降，降幅有所收窄。需求分指数连续6期处于收缩区间，表明电煤需求量继续下降，降幅有所收窄。库存分指数连续6期处于收缩区间，表明电煤库存量继续下降，降幅有所扩大。价格分指数连续4期处于收缩区间，表明电格坚持减(jian)低，增长幅度(du)带(dai)来提升。海运分(fen)数(shu)据(ju)重(zhong)复10期(qi)趋于缩水范围(wei)内(nei)，呈现电煤海运的价格坚持减(jian)低，增长幅度(du)带(dai)来提升。

表2  CECI采购经理人指数

三、相关信息和建议

表明住建(jian)部物流(liu)公司网点(dian)保通保畅(chang)运作(zuo)邻(lin)导小(xiao)组长会(hui)议室(shi)(shi)室(shi)(shi)监测系统梳理数据库，7月3日-7月9日，山(shan)东省(sheng)搬(ban)家(jia)(jia)物流(liu)公司网点(dian)秩序运动(dong)，中(zhong)仅：发展中(zhong)国家(jia)(jia)电(dian)气化铁路(lu)加权(quan)(quan)平均(jun)搬(ban)家(jia)(jia)国际货物6989亿吨，同(tong)比环比同(tong)比上升(sheng)(sheng)7.49%；山(shan)东省(sheng)极速机(ji)耕路(lu)加权(quan)(quan)平均(jun)农用车机(ji)动(dong)车行驶2596.10万辆，同(tong)比环比同(tong)比上升(sheng)(sheng)176.94%。

选(xuan)择中电(dian)(dian)(dian)联用(yong)电(dian)(dian)(dian)餐饮行(xing)业锅炉(lu)燃料总(zong)计，截止日(ri)期(qi)10月(yue)14日(ri)，归入总(zong)计的火(huo)力发(fa)电(dian)(dian)(dian)集團散煤(mei)电(dian)(dian)(dian)站这个(ge)月(yue)累加(jia)火(huo)力发(fa)充电(dian)(dian)(dian)电(dian)(dian)(dian)流(liu)比骤(zhou)(zhou)(zhou)降(jiang)(jiang)2.3%，年初(chu)累加(jia)火(huo)力发(fa)充电(dian)(dian)(dian)电(dian)(dian)(dian)流(liu)比骤(zhou)(zhou)(zhou)降(jiang)(jiang)13.9%。散煤(mei)电(dian)(dian)(dian)站耗煤(mei)量这个(ge)月(yue)累加(jia)比骤(zhou)(zhou)(zhou)降(jiang)(jiang)1%，年初(chu)累加(jia)比骤(zhou)(zhou)(zhou)降(jiang)(jiang)11%。散煤(mei)电(dian)(dian)(dian)站山西煤(mei)炭库(ku)存积压(ya)积压(ya)远(yuan)远(yuan)超出(chu)上(shang)一(yi)年同一(yi)时(shi)间71万(wan)吨，库(ku)存积压(ya)积压(ya)能(neng)用(yong)日(ri)子(zi)较(jiao)上(shang)一(yi)年同一(yi)时(shi)间增(zeng)高4.7天。

截至目前，环渤海港口库存总量超2800万吨，周环比增加200万吨，远高于去年同期水平。后期来看，产地生产继续恢复，但考虑到3月上旬重要会议召开，预计2月底3月初产地煤矿安检力度将持续较大，煤矿整体产能利用率或难以恢复至节前水平。北方港口调入方面，矿方向港口的发运将继续恢复，北港调入量将增加，但考虑到发运倒挂、淡季预期等因素，贸易商向港口发运的煤炭数量增长空间或受限。随着下游企业陆续复工复产，非电采购增加，后期北港调出量也将增加，预计短期内北港库存将高位小幅减少。综合判断，短期动力煤市场将延续偏弱格局。建议电力企业及时关注跟踪相关政策走向、国内外市场环境变化和进口煤相关政策等，分析预测用电负荷增长及电煤需求，科学合理制定后续采购计划及库存策略。