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Home > News > Valuable News > In March, the average coal price of Jincheng City dropped 6.7%

In March, the average coal price of Jincheng City dropped 6.7%

ECHEMI 2019-05-05

the-average-coal-price-of-Jincheng-City-dropped-6.7%

According to the Jincheng Business Bureau, the average price of coal in Jincheng City was 588.80 CNY/ton in March, down 6.7% annually.

Among them, the average price of anthracite No. 2 is 588.80 CNY/ton, which is 6.7% lower than that of annulus; the calorific value of power coal is 4500-5800 calories, the price is 594.38 CNY/ton, and the annulus ratio is flat; the price of coking coal No. 1/3 is 800 CNY/ton, and the annulus ratio is flat.

Jincheng Business Bureau said that after March, the price of coal in Jincheng decreased slightly. The main reason was that with the warming of the weather, the demand for electric coal decreased, and the demand for coal weakened. At the same time, the main coal mines resumed production, the supply continued to increase, and the price of coal declined slightly in March.

It is expected that coal prices will continue to oscillate upward in the later period, and the probability of sharp increase is small. In addition, in March, the average sales price of Jincheng steel products was 4154.79 yuan per ton, up 1.5% annually. It is expected that with the warming of the weather in the later period, the supply market will rise, and the steel sales and prices in Jincheng will rise slightly within a reasonable range.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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