In July, Tangshan limited production and injected coal went down 10-60 yuan.

Since July, the domestic coal injection Market has shown a downward trend as a whole. Mainstream coal producers and market coal prices have generally been pulled back, with a single round drop of 10-60 CNY/ton. Weak demand is the main factor leading to the price reduction of coal enterprises.

From the point of view of origin, since the beginning of the month, mainstream coal enterprises in Shanxi, Henan and Hebei have lowered the price of injected coal by 25-60 CNY/ton. Now, the price of the mainstream non-finger injected coal car plate in Changzhi area of Shanxi Province is 965 CNY/ton, which is 25 CNY/ton lower than last month, 42 CNY/ton lower than last year, and 4.17% lower than last year. The price of the mainstream smokeless coal injection truck in the region was 1,060 CNY/ton, down 50 CNY/ton from last month, by 4.50%, down 100 CNY/ton from last year, down 8.62%. The spot exchange price of the longest associate household of the mainstream coal injection in Handan, Hebei Province was 940 CNY/ton, down 40 CNY/ton from last month, down 70 CNY/ton from the same period last year, down by 6.93%. In addition, local mines in Shanxi, Henan, Inner Mongolia and other regions have also gradually lowered the price of injected coal, with a single round drop ranging from 10 to 60 yuan per ton. The main factors leading to the price reduction in the coal injection Market are as follows:

(1) On June 23, the relevant departments of Tangshan City issued the Notice on Stopping and Limiting the Production of Iron and Steel Enterprises in the whole city, in order to further increase the emission reduction of steel enterprises. This time, steel enterprises are required to do a good job of 20% - 50% production restriction. Afterwards, due to the restriction of production in Tangshan area, the purchase demand of injected coal for users has fallen, the enthusiasm of steel enterprises to increase and decrease injected coal has been increasing, and the price of mainstream coal enterprises and market coal has been suppressed.

(2) In July, except for some mines in North China and Central China affected by underground geological structure, environmental protection and other factors, production was limited, most of the other injection coal mines started normal, and the supply side had limited support for the injection coal market.

(3) Before mid-July, the coke trend of the related products was weak, and the steel products of the terminal products were affected by the off-season demand. The shipment was not ideal. The profit level of steel enterprises was not high, and the enthusiasm of users to pick up raw coal continued to be low.

(4) Tangshan District issued a document on July 20. Most local production enterprises need to stop sintering from 26 to 28. The production limit of steel mills in Tangshan District is becoming stricter at the end of the month. It is expected that the demand for injected coal will continue to decline and the injected coal market as a whole will be affected to a certain extent. The supply of injected coal in production area is basically normal, and the weak demand of downstream users for injected coal is the main negative factor leading to coal enterprises to reduce the price under pressure, and the price reduction can not completely solve the problem of low demand of users. For the latter trend, Zhuo Chuang believes that the domestic coal injection market will continue to develop weakly and steadily before the start-up rate of Tangshan steel mills has increased significantly, but considering that after three rounds of pressure on coke in the early stage, the recent profit level of steel enterprises is still acceptable, coupled with strong coke operation of related products, the coal injection market will suffer. At the same time, the mainstream price of domestic coal injection has fallen by a round, and the price of coal in some markets has fallen by 2-3 rounds. Considering cost and other factors, coal enterprises and traders will accept a limited increase or decrease in the later period.