Coking Coal Price of Shandong Big Coal Mine

According to market information, since May 14, the price of concentrate in Shandong big mines has risen by 30 CNY/ton, while local mines have risen by 20-30 CNY/ton. It is expected that other mainstream coal enterprises in Shandong will also intend to increase by 20-30 CNY/ton.

After coke price rises and falls to the ground in the second round, the coking plant's enthusiasm for coke coal purchasing remains unchanged, and the demand is good. After the production of additional reduction, the stock of Shandong's large mines continues to be on the low side, now less than 350,000 tons, and the supply and demand are tightly balanced. Specific adjustments are as follows: Starting from 0:00 on May 14, Shandong large mines have increased the price of clean coal by 30 yuan per ton in each direction. For lump coal and power coal, the price reduction policy has been changed from the original "total shipment of 1,20,30,000 tons, preferential 30,40,50 yuan" to "total shipment of 20,30,000 tons, preferential 10,20 yuan", which is equivalent to the final settlement price of 30 CNY/ton. The price of blended coal has risen by 10 yuan per ton. After the price rise of large mines, Shandong local coal mines and other mainstream coal enterprises are expected to keep up with the increase. It is expected that the coking coal and coke market in East China will run steadily, moderately and strongly in the near future.

In addition, with the recovery of coking enterprises'profits, the overall demand for coking coal is stable and good. Some coking coal types in Shanxi have been exploring for about 20-50 CNY/ton. After the coking coal prices of Linfen individual large mines were raised yesterday, the prices of surrounding local mines continued to rise. A coal mine in Linfen, Shanxi Province, said that the price of raw coal increased by 20 CNY/ton, the price of clean coal increased by 30 CNY/ton, the price of clean coal index (A8.5S0.45G89) increased by 1530 CNY/ton in cash, and the acceptance price was 1580 CNY/ton. In the short run, the supply and demand of coke enterprises will be further tightened by periodic replenishment of coal resources in the production area.

At the same time, after the second round of coke price hike and landing, the demand for coking coal in Hebei coking plant has not decreased. The mainstream coking coal enterprises in Hebei area are good, and there are basically no stockpiles in coal enterprises. At present, the manure concentrate A9.5-10.5, V27-30, G> 95, S0.6, Y> 30 tapping contains 1550 CNY/ton of tax, A9.5-10, S0.6, G75-85, V23-28 tapping contains 1460 CNY/ton of tax. Considering that when the coking coal market was weak in March, the price did not fall, the mainstream coal enterprises have no plans to increase for the time being, and are mainly stable in the future. In the aspect of importing Mongolian coal, customs clearance has been relatively smooth in recent years. Mongolian drivers'strike and import coal blending have little influence on customs clearance, and the price of raw coal at the port has temporarily stabilized at about 1000 CNY/ton. In the later period, in view of the fact that the second round of coke has completely landed and the third round of price increase is still in the process of brewing, there is still a certain hope and possibility of landing. The coking plant has a higher enthusiasm for coke coal purchase. In addition, considering the strong support of coke coal supply side, the coke coal market is expected to maintain a strong trend in the later period.