Minsheng Securities: Supply Continues to Shrink, Expecting the Start of the Peak Summer Season with Accelerated Coal Price Pump

Jinshi data news on June 22nd, Minsheng Securities released a coal industry weekly report, stating that the supply continues to shrink, and it is expected that the peak summer will open the coal price pump. Optimistic about the short-term peak summer strong expectations for the support of coal prices, as well as the accelerated rise in coal prices brought by the full release of coal demand in July. In terms of sector allocation, considering the upward trend of coal prices, it is expected that the recovery of production in Shanxi Province will benefit coal enterprises in the province, and it is recommended to focus on the zone of Shanxi coal enterprises.