Coke enterprises third round of steel plant response progress!

Coal trading in the port market is relatively cold. Under the condition of high inventory and low consumption of coal downstream, demand has weakened, and some suppliers are difficult to ship. Some market participants believe that coal prices are likely to weaken steadily in the later period. In terms of production area, Neimenggu has recently been affected by port demand. The demand for high-calorie coal is general and unsalable. Low and medium-calorie coal is more popular, with a slight price increase of 5-15 yuan. Shaanxi is still affected by the coal pipe tickets, some of them have been sold out, and production has stopped.

Summer has arrived, but the weather has not yet entered a large area of hot state, air conditioning and other civil electricity increment can not make a qualitative breakthrough, daily consumption is difficult to improve under the replacement of new energy; however, now that the inventory has been high, there is no market operation of replenishing warehouses or early inventory, at least in late June before the whole country enters a large area of hot, civil electricity increment. Inventory is somewhat difficult. However, there is a possibility of relaxation in the four-month-long safety inspection of the production area. At the same time, there is anticipation and space for price reduction at the entrance of the pit. The bottom of the price supports the downward movement, and the bottom of the futures price still points to the range of 550-570 CNY/ton. 

Double Coke Market: Overall, the coking coal market has basically completed a round of general rise, and some of the raw coal phased replenishment stores of coking enterprises that started to replenish stocks earlier are basically in place. In the short run, the coking coal market is stable, moderate and strong, but the space is relatively limited for the time being. As for coke, Shanxi, Hebei, Shandong and other coke enterprises have started the third round of coke price increase, ranging from about 100 yuan per ton. After the rise of a large coke enterprise in Hebei, the quasi-first-grade metallurgical coke will be accepted at about 2090 yuan per ton. Follow-up focus on the impact of environmental protection on steel coke enterprises. At present, most steel mills have not responded to the third round of increase of coke enterprises.

1. Yulin Coal Trading Center said that the scope of decline in coal prices in Yulin has continued to expand since the weekend. According to data from Yulin Coal Trading Center, prices of six coal mines in Yulin have been lowered in recent two days. Although at the end of the month, there are not many coal tickets left, coal prices are still falling. According to the mine, the recent downstream purchase of customers reduced, coal mine inventory is high, so a small price cut to stimulate sales.

2. Huaneng and Jiangsu signed a strategic cooperation agreement on 10-MW offshore wind power base: According to the agreement, the two sides will deepen strategic cooperation in the energy field, with the focus on accelerating offshore wind power development and strengthening the construction of equipment manufacturing industry, and invest 160 billion yuan to build a 10-MW offshore wind power base in Huaneng Jiangsu.

3. May 19, Mongol News Agency, Mongolian Medee Net News: 19-20, Mongolia's eastern, Eastern Gobi, Sukhbator Province, part of the region has strong snowfall and windy weather, may trigger a snowstorm. To this end, Mongolia temporarily closed some roads and banned vehicles. According to the decree of the Minister of Transport and Development of the Government of Mongolia, the roads in Ulaanbaatar-Gobisun Bell-East Gobi Province, Ulaanbaatar-Central Gobi-South Gobi Province were temporarily closed from 20:00 on 18 May to 11:00 on 19 May, while the roads in Ulaanbaatar-Kent-Oriental-Sukhbator Province were temporarily closed from 18:00 to 11:00 on 20 May.