Coking coal rises by 20-30 yuan

At present, the coking coal market in China is running weakly and steadily as a whole. Because of the tight supply in some areas, the price began to rise tentatively and sporadically, with an increase of 20-30 yuan per ton. Affected by the reduced production of Shandong kilometer rock burst coal mine, the coal output in Shandong Province is not large, the stock is low, and the supply of some coal resources is tight. The price of 1/3 coking coal in local coal mines has started to rise by 20 CNY/ton, and the tax of 1/3 low sulfur coking coal is 1380-1400 CNY/ton. In addition, the coke price of individual coal mines in Luliang area of Shanxi Province also has a small increase plan, which is expected to increase by 202 CNY/ton. On the downstream side, the coke price hike was blocked. Handan Steel Works explicitly refused to increase the coke price.

Today's coking coal market is stabilizing as a whole. Some areas are affected by supply tension, and the price of coking coal has risen slightly. In most other areas, the price of coking coal has stabilized after falling. Influenced by the improvement of coke market mentality, coking plants began to increase the purchase of coking coal. The demand for coking coal in some areas improved slightly. In addition, due to the influence of safe production, the output of coking coal supply end increased limited, which will support the annual price of coking coal. In terms of price, there are 1,100 CNY/ton of tax for gas concentrate, 1/3 of coking coal and 1680 CNY/ton of low sulphur main coking coal in Luliang area.

Later prediction: Affected by the loss of downstream coking plants, coking plants slowed down the purchase of coking coal and controlled the arrival of coking coal. Coking coal prices in most areas have been depressed. After the downward trend in early April, coke market mentality has improved recently, the purchase enthusiasm of coking coal has increased, and demand has improved slightly, taking into account the support strength of coking coal supply side. Larger, later supported by the supply side, coking coal prices continue to decline space is limited.