Coal prices in Jincheng, Shanxi, rose by 5.3% in April.

According to Jincheng Business Bureau, the average price of coal in Jincheng was 620 CNY/ton in April, up 5.3% annually. The average price of anthracite No. 2 is 620 CNY/ton, which is 5.3% higher than that of annulus; the calorific value of power coal is 4500-5800 calories, the price is 594.38 CNY/ton, 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 analysis said that since April, coal demand has slowed down, and coal production capacity to optimize market supply. At the later stage, with the downstream industrial production improving, the daily average coal consumption of power will increase, and the coal price of Jincheng City is expected to show a strong trend of fluctuation. In addition, in April, the average sales price of Jincheng steel products was 4232.29 yuan tons, up 1.9% annually.

It is expected that with the warmer and warmer weather, construction site work will be accelerated, the supply market will be improved, and steel sales and prices in Jincheng will rise slightly within a reasonable range.