Xinhua News Agency, May 31, according to the CITIC Construction Research report, the price of Qingang thermal coal recently fell below 900 yuan per ton, for the first time in nearly 16 months. From the perspective of coal consumption, affected by the continued downturn of hydropower, thermal power output to maintain a high level. Although the demand side is still relatively strong, affected by the continuous release of domestic coal production capacity and the significant increase in imported coal replenishment, thermal coal inventory has reached a high level. It is judged that under the background of high inventory, thermal coal will still maintain the buyer's market, at the same time, the pulling effect of power consumption on thermal coal prices in summer is expected to be an effective buffer, and continue to be optimistic about the performance and valuation repair of thermal power enterprises.