Power Coal of Origin: Prices of some high-quality resources continue to rise

Prices of some high-quality resources in the producing areas continued to rise

Coal prices in Shanxi North Shanxi rose steadily by about 10 yuan, coal mines sold well and there was no inventory; high-card resources in coal washery shipped actively, and the expected price still had room to rise. In Yulin area of Shaanxi Province, coal prices rose steadily, Shenfu Gaoka coal resources were scarce, and a few coal mines raised their prices by 5-15 yuan; Yulin coal mine prices were temporarily stable, some mines shipped slowly, inventory increased, and there was a plan to reduce prices. Inner Mongolia Ordos coal price is temporarily stable, downstream customers have good enthusiasm for pulling and transporting, coal mine inventory is low, temporarily there is no willingness to adjust prices, wait and see the future market.

A coal mine in Shuozhou, Shanxi Province, said that the output tax of foam coal (CV5000, S0.5) was 340 CNY/ton, unchanged from last month's price.

A coal mine in Shuozhou, Shanxi Province indicated that the tax of raw coal (CV4500, S1.2-1.4) at the pithead was 275 CNY/ton, up 35 yuan from the end of March, and the coal quality improved.

A coal mine in Yulin, Shaanxi Province indicated that the entrance of foam coal (CV5800, S< 0.3) contained 455 CNY/ton of tax, and 38 pieces (CV6200, S< 0.3) contained 570 CNY/ton of tax. Prices remain unchanged.

A coal mine in Yulin, Shaanxi Province, said that foam coal increased 15 yuan, lump coal increased 5 yuan, foam coal (CV5800, S0.3) contained 446 CNY/ton of tax, 38 pieces (CV6200) contained 485 CNY/ton of tax.

A coal mine in Yulin, Shaanxi Province indicated that the entrance of foam coal (CV6000, S0.25-0.3) contained 500 CNY/ton of tax, up 5 yuan; the entrance of 38 (CV6500) contained 630 CNY/ton of tax, up 10 yuan. Coal price adjustment at 12 noon on April 14. A coal mine in Ordos, Inner Mongolia, indicated that coal price was stable, lump coal (CV4800) contained 235 CNY/ton of tax, foam coal (CV4450, S0.9) contained 210 CNY/ton of tax. A coal mine in Ordos, Inner Mongolia, indicated that 38 pieces of coal (CV6200, S0.5) contained 455 CNY/ton of tax, while foam coal (CV5300, S0.5) contained 325/ton of tax, and the price remained unchanged. At the beginning of this week, the price of power coal in northern ports began to decline. The quotation of Q5500 big-calorie coal traders was around 635 CNY/ton, and that of Q5000 big-calorie coal traders was around 535 CNY/ton. At present, the supply of Mongolian and Shaanxi coal in the port is still tight, and the price is 5-10 CNY/ton higher than that of Shanxi coal. At present, most of the downstream power plants enter the off-season maintenance period, and the actual trading situation of coal in the port market is general, which suppresses the spot market. On the production area, since the price of many coal mines in Shenmu area of Shaanxi Province has risen, the prices of three large coal mines in Yuyang District, Hanglaiwan, Jinjitan and Xiaoji Khan, have been increased by 10-15 CNY/ton since the afternoon of April 15. Now the listed price of premium blended coal in a mine is 480 CNY/ton. In addition, Hongqinghe Coal Mine, Inner Mongolia, increased by 5 CNY/ton for each coal type, Boyuan Coal Mine, increased by 5 CNY/ton for each coal type. Now the tax price of the end coal of the mine is 375 CNY/ton. Because of the continuous restriction of coal pipe tickets in Shanxi and Inner Mongolia, the output is limited, and most coal mines have no inventory, which forms a favorable support for pit price. A trader in East China said that Shanxi Coal (CV5500, S1.0) quoted berthing index - 1.

A trader at the port said that Mongolian Coal (CV5000, S0.8) was priced according to the average weekly price of the index.

A trader in Tianjin said that Mongolian Coal (CV5000, S0.6) quoted 540 yuan. A trader in Inner Mongolia said, (CV5000, S0.6) quoted 537 yuan, Shanxi coal (CV5000, S0.8) quoted 537 yuan, Mongolian coal (CV5500, S0.2) quoted 645 yuan, counter-offer 638 yuan, Mongolian coal (CV5500, S0.6) quoted 638 yuan, downstream counter-offer 633 yuan.

A trader in East China said that Montenegro Coal (CV5000, S0.6) quoted berthing index.

A trader in Fujian indicated that Mongolian Coal (CV5500, S0.6) quoted 537-540 yuan.

A trader at the port said that Shanxi Coal (CV5500, S0.8) quoted 626-628 yuan, Shanxi Coal (CV5000, S0.7) quoted 530 yuan.

Future outlook: At present, strict restrictions on coal pipe tickets in main producing areas and unexpected production situation of coal mines have led to partial tightening of coal supply. However, considering the off-season of coal use, Zhuochuang expects that the increase of coal price at pithead will not be too large.