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Price reduction of coal injection truck plate in Changzhi

ECHEMI 2020-03-05

According to the market news, at present, the domestic coal injection market is in stable and weak operation. The price of anthracite coal injection in some coal mines in the production area is reduced by 30-60 CNY/ton, which is not optimistic at present. Among them, coal enterprises in Changzhi District of Shanxi province cut down the price of coal injection train by about 30 CNY/ton. After the reduction, the tax inclusive price of coal injection train board will be 890 CNY/ton, and the quantity and price of delivery will be preferential. It is understood that the price of coal injection in some markets of Hebei and Shandong is still likely to fall. As of November 1, the total inventory of coal injection of 110 steel plants in China was 3456400 tons, a slight increase of 30700 tons compared with last week, with an increase of 0.9%. At present, the inventory of steel plants in Shandong, Hebei and other regions has remained at a normal or medium high level. Traders and coal washing plants are active in the delivery of coal injection, and the supply side has limited support for the market. On the demand side, most of the steel plants in Hebei Province continue to implement the production limit as required. Since October, some of the steel plants in Hebei Province have reduced the market coal injection by 10-22 CNY/ton.

 

Considering that the local market coal price has been relatively low, and the price continues to be reduced, the suppliers may have some resistance, now the steel plants mainly wait for the market; now the heavy pollution weather warning has been lifted in many places in Shandong Province, and the steel plants Most blast furnace starts are back to normal, but in the situation of weak trend of metallurgical coal, some users still have certain intention to reduce the price of coal injection in the market, but it is expected to decrease within 30 CNY/ton. Since October, affected by the increase of iron ore production in Brazil, Australia and other regions, domestic iron ore supply tension has been eased, and iron ore prices have fallen; however, due to the recent weak trend of steel and weak downstream demand, the profit level of steel enterprises has not been significantly repaired. After a round of pressure on related products coke, the coking plant is affected by costs Support, the coke market continues to decline in limited space, before the steel trend significantly improved, steel enterprises in order to reduce costs, increase their own profits to continue to suppress the price of raw coal or inevitable. In the later stage, the negative factors that cause the mainstream price of coal injection in the production area to continue to fall are mainly concentrated in the demand side. Some downstream steel plants are affected by environmental protection, production restriction, maintenance and other factors, which have low enthusiasm for the delivery of coal injection. In addition, the profit level of the steel enterprises is general. Under the situation that the production area is not tense for the supply of coal injection, the users have the intention to keep the price of coal injection, In addition, the prices of some coal washing plants are relatively low, and the sales of large mines in Shanxi, Hebei and other regions have been impacted to a certain extent, and coal enterprises are under pressure to reduce coal prices. Both sides of coal and steel continue to play games, and it is expected that in the near future, coal injection or weak development trend will continue in China, and coal prices in some areas may fall slightly.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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