Inner Mongolia power coal price continued to decline slightly

According to the data of coal price monitoring reported by Inner Mongolia leagues and cities, the price of power coal mine mouth in Inner Mongolia Autonomous Region decreased slightly in the first ten days of November 2019, and the purchase price of electric coal rose slightly, according to the Inner Mongolia development and Reform Commission. On November 5, the average settlement price of the power coal in the main producing area of Inner Mongolia was 211.97 CNY/ton, down 1.38% compared with October 25, 2019 (hereinafter referred to as the month on month). Among them, the average settlement price of lignite in the eastern region is 189.94 CNY/ton, down 0.75% month on month; the average settlement price of Ordos power coal is 246.67 CNY/ton, down 3.90% month on month. Compared with November 5, 2018 (hereinafter referred to as "year-on-year"), the average pit mouth settlement price of power coal in the whole region decreased by 1.03%, among which, the average pit mouth price of lignite in the eastern region increased by 13.56%, and the average pit mouth price of Ordos power coal decreased by 12.94%. On November 5, the average purchase price of electric coal in the whole region was 206.93 CNY/ton, a slight increase of 0.51% on a month on month basis; after being converted into standard coal (7000 kcal), the average value was 410.79 CNY/ton, a slight increase of 0.68% on a month on month basis. Among them, the average purchase price of electric coal in the eastern region is 197.13 CNY/ton, up 1.21% on a month on month basis; after being converted into standard coal, the average value is 464.02 CNY/ton, up 1.36% on a month on month basis. The average purchase price of electric coal in the western region is 214.77 CNY/ton, which is 368.21 CNY/ton after being converted into standard coal, and the link ratio is the same. On a year-on-year basis, the average purchase price of electric coal in the whole region increased by 1.91%, among which, the purchase price of electric coal in the eastern region increased by 15.58%, and the purchase price of electric coal in the western region decreased by 6.23%.