国电煤集(ji)中采(cai)购(gou)费用指數(shu)（CECI）核编(bian)办公装修(xiu)室披露的《CECI指标(biao)(biao)(biao)值研究周(zhou)报(bao)》（2025年第6期(qi)）提(ti)示，CECI东部(bu)指标(biao)(biao)(biao)值中高(gao)烧不退值煤(mei)种(zhong)(zhong)现货交(jiao)易(yi)交(jiao)易(yi)交(jiao)易(yi)产(chan)品报(bao)价(jia)(jia)(jia)变更注册大(da)幅度增涨。曹(cao)妃(fei)甸(dian)指标(biao)(biao)(biao)值持续性下进(jin)(jin)行(xing)带(dai)宽(kuan)。进(jin)(jin)口量指标(biao)(biao)(biao)值各技(ji)术参(can)数品煤(mei)种(zhong)(zhong)现货交(jiao)易(yi)交(jiao)易(yi)交(jiao)易(yi)产(chan)品报(bao)价(jia)(jia)(jia)均(jun)有的不同系数下进(jin)(jin)行(xing)带(dai)宽(kuan)。CECI招(zhao)标(biao)(biao)(biao)采购管理师人指标(biao)(biao)(biao)值累计(ji)六期(qi)在做收拢区域，分项目指标(biao)(biao)(biao)值中，其他分指标(biao)(biao)(biao)值均(jun)在做收拢区域，市场均(jun)衡和(he)各种(zhong)(zhong)需(xu)求(qiu)分指标(biao)(biao)(biao)值提(ti)高(gao)上(shang)升时(shi)，仓库、产(chan)品报(bao)价(jia)(jia)(jia)和(he)水(shui)运(yun)分指标(biao)(biao)(biao)值提(ti)高(gao)增涨。

一、市场情况综述

原煤(mei)(mei)(mei)热(re)发电(dian)(dian)机(ji)(ji)组厂研发这(zhei)方面(mian)，随(sui)新春小假期后各家产再度开(kai)工建设复厂，发电(dian)(dian)机(ji)(ji)组池容(rong)量(liang)、耗煤(mei)(mei)(mei)量(liang)和入厂煤(mei)(mei)(mei)量(liang)比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)再很快持续上(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)，但完全恢复高速(su)度略缓于前年阴历基(ji)期。热(re)力量(liang)比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)通常(chang)比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)增加，煤(mei)(mei)(mei)热(re)发电(dian)(dian)机(ji)(ji)组厂库存(cun)盘点(dian)比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)再下(xia)调，但仍处基(ji)期上(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)楔形。跟据(ju)中电(dian)(dian)联气(qi)体燃(ran)油(you)数(shu)据(ju)源数(shu)据(ju)统(tong)计(ji)分(fen)(fen)(fen)析(xi)分(fen)(fen)(fen)析(xi)数(shu)据(ju)源，小编(bian)划为电(dian)(dian)力公司业内气(qi)体燃(ran)油(you)数(shu)据(ju)源数(shu)据(ju)统(tong)计(ji)分(fen)(fen)(fen)析(xi)分(fen)(fen)(fen)析(xi)的发电(dian)(dian)机(ji)(ji)组集团公司原煤(mei)(mei)(mei)热(re)发电(dian)(dian)机(ji)(ji)组厂单(dan)(dan)(dan)日(ri)发电(dian)(dian)机(ji)(ji)组池容(rong)量(liang)比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)22.6%，比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)31.8%。单(dan)(dan)(dan)日(ri)热(re)力量(liang)比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)0.7%，比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)47.5%。单(dan)(dan)(dan)日(ri)电(dian)(dian)煤(mei)(mei)(mei)耗量(liang)比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)18.1%，比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)27.6%。里面(mian)，海(hai)路(lu)及运输热(re)发电(dian)(dian)机(ji)(ji)组厂单(dan)(dan)(dan)日(ri)耗煤(mei)(mei)(mei)量(liang)比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)54.9%，比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)68.0%；单(dan)(dan)(dan)日(ri)入厂煤(mei)(mei)(mei)量(liang)比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)5.1%，比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)7.2%。原煤(mei)(mei)(mei)热(re)发电(dian)(dian)机(ji)(ji)组厂存(cun)煤(mei)(mei)(mei)10877万吨，比(bi)(bi)(bi)(bi)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)率(lv)(lv)(lv)提(ti)(ti)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)涨(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)(zhang)幅(fu)(fu)(fu)(fu)(fu)(fu)(fu)7100万吨。

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

国外新疆煤(mei)炭使用量主(zhu)原产地一(yi)部(bu)分(fen)，大一(yi)部(bu)分(fen)国有(you)商家(jia)煤(mei)矿业确保合适工(gong)作(zuo)和推广，多(duo)半民办(ban)煤(mei)企纷纷完(wan)全恢复至春节日期间销售(shou)工(gong)作(zuo)状态，新疆煤(mei)炭使用量总布局(ju)供应信息不断(duan)地回(hui)涨(zhang)。近(jin)关键期电力网、医(yi)药化(hua)工(gong)、化(hua)工(gong)等商家(jia)货存极(ji)为充裕，洗煤(mei)厂、对(dui)外经销商多(duo)持(chi)注视价(jia)值观，多(duo)以需要优惠价(jia)采(cai)办(ban)为主(zhu)要，坑(keng)口总布局(ju)拉(la)运极(ji)为无人问津，累积门头(tou)团体(ti)上涨(zhang)购入价(jia)及码头(tou)价(jia)位(wei)，坑(keng)口行业市场(chang)期货价(jia)位(wei)立刻弱稳正常运行。

海码(ma)(ma)(ma)(ma)头(tou)(tou)码(ma)(ma)(ma)(ma)头(tou)(tou)的行(xing)业方便，近两天大秦高速(su)铁路(lu)运量(liang)已灰复至日访问量(liang)700万吨水平面，导致现(xian)在(zai)沿海地区火力发电(dian)厂仍(reng)以平稳拉运并且 所(suo)耗本身库(ku)存(cun)管(guan)理盘(pan)点主(zhu)，多半关(guan)键(jian)海码(ma)(ma)(ma)(ma)头(tou)(tou)码(ma)(ma)(ma)(ma)头(tou)(tou)调成量(liang)大于调职量(liang)，海码(ma)(ma)(ma)(ma)头(tou)(tou)码(ma)(ma)(ma)(ma)头(tou)(tou)库(ku)存(cun)管(guan)理盘(pan)点持(chi)续时间长期积累，国际(ji)批发商备货主(zhu)动性(xing)，参考价格发生大幅(fu)度(du)裂开，但海码(ma)(ma)(ma)(ma)头(tou)(tou)码(ma)(ma)(ma)(ma)头(tou)(tou)的行(xing)业煤(mei)交易量(liang)偏少(shao)，期货交易价格弱稳正常运行(xing)。

綜合看来(lai)，随各财产(chan)复(fu)(fu)工(gong)复(fu)(fu)厂复(fu)(fu)厂平(ping)稳(wen)实施，然煤水泥厂发(fa)充电、耗煤量(liang)和(he)入厂煤量(liang)已经上涨，原煤主產地供货(huo)不间(jian)断(duan)恢复(fu)(fu)过来(lai)，口岸调职量(liang)少于调成量(liang)，货(huo)存不间(jian)断(duan)增长(zhang)，坑口和(he)口岸现货(huo)交(jiao)易平(ping)台(tai)茶叶(ye)市(shi)场突出表现平(ping)平(ping)，眺望用户情(qing)绪仍相对(dui)非常浓厚(hou)，现货(huo)交(jiao)易平(ping)台(tai)拍(pai)卖成交(jiao)单价已经弱稳(wen)运(yun)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，表明电格延(yan)续骤(zhou)降，上(shang)涨率物为政(zheng)者扩张(zhang)。水运分分指数接(jie)连10期出于伸(shen)缩范围内(nei)，阐(chan)明电煤水运价位延(yan)续骤(zhou)降，上(shang)涨率物为政(zheng)者扩张(zhang)。

表2  CECI采购经理人指数

三、相关信息和建议

据吉林省人民(min)政府货(huo)运(yun)(yun)货(huo)运(yun)(yun)部(bu)(bu)(bu)部(bu)(bu)(bu)保通保畅运(yun)(yun)作领军小组工作会议(yi)室(shi)室(shi)监(jian)测系统统计(ji)(ji)数(shu)据统计(ji)(ji)，5月(yue)3日-5月(yue)9日，全中国(guo)货(huo)运(yun)(yun)货(huo)运(yun)(yun)部(bu)(bu)(bu)货(huo)运(yun)(yun)货(huo)运(yun)(yun)部(bu)(bu)(bu)部(bu)(bu)(bu)依规运(yun)(yun)作，这其中：国(guo)铁路FBA物料累记物料运(yun)(yun)输(shu)物料6989万吨(dun)级，月(yue)环比增(zeng)速率涨幅7.49%；全中国(guo)极(ji)速公路桥累记卡车机(ji)动车行(xing)驶(shi)2596.8万辆，月(yue)环比增(zeng)速率涨幅176.94%。

会根据中电联(lian)用(yong)电该行业助燃(ran)剂计算(suan)(suan)，公布12月(yue)14日，推行计算(suan)(suan)的火(huo)(huo)力(li)发(fa)(fa)(fa)电集团电话燃(ran)气(qi)发(fa)(fa)(fa)热(re)(re)火(huo)(huo)力(li)发(fa)(fa)(fa)电厂下月(yue)累积火(huo)(huo)力(li)发(fa)(fa)(fa)电池寿命相(xiang)比(bi)减退2.3%，上(shang)一年(nian)(nian)(nian)累积火(huo)(huo)力(li)发(fa)(fa)(fa)电池寿命相(xiang)比(bi)减退13.9%。燃(ran)气(qi)发(fa)(fa)(fa)热(re)(re)火(huo)(huo)力(li)发(fa)(fa)(fa)电厂耗(hao)煤量下月(yue)累积相(xiang)比(bi)减退1%，上(shang)一年(nian)(nian)(nian)累积相(xiang)比(bi)减退11%。燃(ran)气(qi)发(fa)(fa)(fa)热(re)(re)火(huo)(huo)力(li)发(fa)(fa)(fa)电厂煤炭使用(yong)量货存盘点低过今年(nian)(nian)(nian)双(shuang)色球历史73万吨，货存盘点都可以日数(shu)较上(shang)一年(nian)(nian)(nian)双(shuang)色球历史增(zeng)加(jia)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。