Coal prices in Jincheng continued to decline in August

According to the data of Jincheng Investigation Team of National Statistical Bureau, the trend of coal price in Jincheng in August continued to decline in the first half of the year. In terms of coal classification, the factory price of anthracite washed lump coal in August is 793.4 CNY/ton (excluding tax price, the same below), which is 2.5% lower than that of last month, 502.5 CNY/ton of anthracite washed lump coal, which is 7.2% lower than that of last month, and 497.0 CNY/ton of screened lump coal, which is 6.0% lower than that of last month.

The main reasons for the continued decline of coal prices in our city since this year are as follows: Firstly, the state is phasing out the fixed bed intermittent gasifier (the main equipment used in the chemical industry for anthracite), the market of anthracite has shrunk; secondly, the national macroeconomic growth has slowed down and the energy demand has weakened.

Later coal trend forecast: entering the fourth quarter, the heating season will come, and the coal consumption of electric-thermal co-generation enterprises will increase, but because of the environmental pressure, the chemical enterprises that stop production will also increase, the pull power of coal price upward is not very strong. In addition, on October 1 this year, the Menghua Railway was completed and opened to traffic. Coal from Inner Mongolia and Shaanxi was transported to Henan and Hubei by this railway. The transportation cost of coal per ton dropped by about 100 yuan, and the downward pressure of coal price in Jincheng will increase. According to the comprehensive forecast, the coal price of our city will keep a steady and declining trend in the later period.