Mixed coal may rebound in resistance? No mining in No. 1 mining area of Mongolia

In view of the trend of coal prices in the later period, Zeng Ning Black Team recently reported that in the short and medium term, the demand off-season is coming, and the speed of inventory removal is on the next step. On the premise of high stock base, the market is also pessimistic about the expectation of winter storage in the later period, and prices continue to break down. After the market price falls below many support levels of long covenant price, downstream terminals may choose market purchasing to ensure normal inventory driven by profits, which may give some support to the market, and price may rebound resistance. However, the price of the CPPCC is also adjusted dynamically with reference to spot prices, so the expectation of the bottom section still depends on the negotiation price of the CPPCC. In the downstream, as of August 15, the inventory of six coastal power plants was 16,548,000 tons, with a decrease of 783,000 tons in circumferential ratio, an increase of 153,000 tons over the same period of last year; the daily coal consumption was 763,000 tons, and the circumferential ratio increased by 25,000 tons, a decrease of 13,000 tons over the same period of last year; the available days were 21.7 days, and the circumferential ratio decreased by 18 days, an increase of 24 days over the same period of last year.

On February and August 14, the Emergency Management Department of Sichuan Province reported the coal mine safety situation of the whole province from January to July this year. From January to July, a total of 18 coal mine production safety accidents occurred in Sichuan Province, with 23 deaths. The number of accidents was the first in the country, and the number of deaths was the third in the country. The situation of coal mine safety production was very grim. The circular calls for further implementation of the principal responsibility of coal mining enterprises, continuous deepening of special actions of "fighting against non-violations" in coal mines, and serious investigation and investigation of accidents and responsibilities.

In terms of coking coal, the mainstream output price of fertilizer coal (S1.7G90) in Lingshi area of Jinzhong is temporarily stable at about 1130-1150 CNY/ton, and the demand has not been significantly boosted. The price difference of low-sulfur main coking coal (S0.5G80) from Linfen and Changzhi to Jingtang Port and Australia is 257.47 CNY/ton, which is 21.88 yuan higher than the same period last week./ The Mongolian government's working conference on 14 days decided to locate in Taostei-Taosenbumu, Gurbantz County, Southern Gobi Province, according to the introduction of Mongolian Minister of Natural Environment and Tourism Zerenbart. The boundary of the Bushan Mountains has been enlarged and is designated as a special national protected area. Since the Taoste-Taosenbumubu Mountains were designated as a nature reserve, it means that no company is allowed to exploit minerals in an area of 896,500 hectares.