Preferential starting price of concentrate for sale in Shandong large mines

At the end of the week, when the coking coal market in the whole country is stabilizing and the prices in some areas are subsidized, and affected by weak demand and high prices, the concentrate price in Shandong's large mines is introduced with preferential policies for quantity and price. After comprehensive consideration of various preferential policies, the cumulative reduction is about 130 CNY/ton. After the reduction, the concentrate price in Shandong's local coal mines is now about 130 CNY/ton. The price is 1 040 yuan per ton, and the price of clean coal of mainstream coal enterprises is 1 100 yuan per ton, which are all market household prices. According to market news, Shenhua Group recently announced that in August 2019, the price of the Monthly Long Association has fallen steadily.

In the past July, Shandong clean coal market as a whole declined weakly. Shandong local coal mines decreased by about 80/ton in July, while most of the mainstream coal enterprises operated at a fair price. Now the demand is general, inventory continues to climb, and prices in the later period are likely to fall again. At present, the coking plants in Jiangsu and Shandong have a greater capacity to limit production. Affected by this, the market demand for clean coal in Shandong is general. Among them, the stock of the two main coal enterprises in Shandong continues to climb, and the additional price is on the high side. There is a possibility that the price will drop later. The local coal mine gas concentrate in Jining area has a tax of about 1040 CNY/ton, and the mainstream coal. The taxation of refined coal from enterprises is about 1130 yuan per ton. Overall, the coking coal market began to decline first and then stabilized in July. At the beginning of July, affected by the weakness of the downstream coke market as a whole, the coking plant made limited profits and tried to suppress the coking coal market. At the beginning of July, the price of coking coal blending and some high-quality coking coal in Shanxi fell by 30-100 CNY/ton, and in some areas it dropped by more than 100 CNY/ton, of which the gas concentrate in Yan'an area of Shaanxi Province dropped to 820 CNY/ton. Starting from mid-July, with the beginning and landing of a round of coke market rise, coke prices began to stop falling and stabilize gradually, and prices in individual regions rose slightly, ranging from 20-40 CNY/ton. Unlike the performance of high-quality coking coal in the above-mentioned areas, the price of blended coking coal market is basically stable near the end of July after a sharp drop in prices at the end of June and the beginning of July. Later, with the gradual improvement of the downstream coke market, the coking profit situation will gradually improve, the coking plant will continue to crack down on coking coal in the latter stage of the strength will be weakened, the coking coal market will gradually stabilize, but the overall rebound conditions are not yet available. The analysis shows that the coking coal market will stabilize gradually and rise slightly in the later period. First of all, the coke supply side still has support. In addition, with the gradual improvement of the downstream coke market, the intention to further suppress coke is weakened after the coking profit is restored, and demand is expected to gradually recover. It does not rule out the possibility that coke prices in some areas will rise sporadically, but it is still difficult to rise generally. In terms of price, it is expected that the price of gas and clean coal in Shandong will stabilize at 1130 CNY/ton next week, the price of main coking coal in Handan area of Hebei Province will stabilize at 1480 CNY/ton, and the price of low sulfur main coking coal in Luliang area of Shanxi Province will stabilize at 1660 CNY/ton.