Reach Slow Purchasing 10 Coal Mines in Yulin and Reduce Price by 10-40 CNY/ton

Yulin coal price has become a trend, and the decline is expanding. Yesterday, another 10 coal mines in Yulin lowered their prices by 10 to 40 yuan per ton. According to market research feedback of Yulin Coal Trading Center, the downstream wait-and-see mood became stronger after the signs of coal price declining from the origin. Sales of Yulin coal mines turned to cold, and coal prices fell under pressure.

Bailu Coal Mine: from 12 noon on May 23, 2019, the spot unit price of final coal was reduced by 10 CNY/ton, from 490 CNY/ton to 480 CNY/ton.

Fangjiabian Coal Mine: At 12 noon on May 23, blended coal was reduced by 15 CNY/ton, surface coal was reduced by 15 CNY/ton, seed coal and 38 pieces remained unchanged.

Yinhe Coal Mine: From 12:00 on May 22, 2019, refined coal has been reduced by 15 CNY/ton and implemented by 485 CNY/ton; lump coal has been reduced by 20 CNY/ton and implemented by 500 CNY/ton; seed coal has been reduced by 20 CNY/ton and implemented by 510 CNY/ton.

Xinyuan Coal Mine has been reduced by 20 CNY/ton since noon on May 22, 2019, while other prices remain unchanged.

Jinjitan Coal Mine: From 12:00 on May 22, 2019, blended coal was reduced by 10 CNY/ton, 410 CNY/ton, refined coal by 10 CNY/ton, 480 CNY/ton, lump coal by 10 CNY/ton, 485 CNY/ton, Caojiatan Coal Mine by 485 CNY/ton, window price of 461 CNY/ton, 30 CNY/ton lower than the previous period.

Feimaliang Coal Mine: 5 CNY/ton from 6:00 a.m. on May 22 for face washing, 460 CNY/ton for execution, and other coal prices remain unchanged.

Donggou Joint Office: The price of 3-8 pieces of seed coal has been reduced by 10 CNY/ton, and the price of final coal has not changed.

Nanliang Coal Mine: the output of final coal is not good, so the price has been lowered by 10 CNY/ton.

Zhonglian Coal Mine: the price of raw coal has been lowered by 30 CNY/ton, and the price of blended coal has been lowered by 40 CNY/ton.

For this price reduction, some traders said that it will be beneficial to the healthy development of Yulin coal market.

"Yulin coal production capacity supply is so tight, there will be high inventory, poor sales, which shows that the current downstream market demand is not ideal. In addition, because of the high price of coal in Yulin, many customers purchased in Yulin turned to Inner Mongolia in the past, which also shows that although Yulin's coal is of good quality, it is not irreplaceable, so it is crucial to maintain a reasonable price range and smooth coal sales. The trader introduced.