Sales of large mines are stable and demand release downstream is limited

This week, the coking coal market in Changzhi continued to maintain a steady trend. With the gradual recovery of coke production in the local and surrounding areas, the overall sales of some large mines improved, and the inventory showed a downward trend. However, the demand of individual local small mines producing lean and lean concentrates did not recover significantly, and the early inventory consumption was slow and the expectation was pessimistic.

The turnover of low sulphur main coke in Qinyuan area is 1530-1550 CNY/ton, and the price of a small number of new orders in some coal mines has increased recently, but because of small contracts, the impact on the regional market of the same variety is relatively small; the turnover of Qinyuan thin main coke is around 1460 CNY/ton, the recent turnover price is stable, and the inventory of coal concentrate has decreased significantly, but because of small contracts. In the early stage, the stock of raw coal is large and the purchasing enthusiasm of local coal washery is not high, so far, the stock of raw coal is still high; the difference between lean and poor coal mines in Xiangyuan area is large, and the demand for individual mine purchasing has been increased by the re-production of coke enterprises, but it is still relatively difficult for some mines to ship, if coke enterprises enter the downstream channel or will go to the ministry. The local price of lean and poor coal is 950-1020 CNY/ton. In the short run, the coking coal in Changzhi will continue to operate steadily. The demand release of coking enterprises is relatively limited, and the rise and fall of coking coal are in a dilemma.