Safety and environmental protection situation severe coking coal supply

This week, a large area of coal washing plants were shut down in many places in Shanxi Province. Since December 4, Linfen and Yuncheng market have successively issued heavy pollution weather control documents, among which Hejin, Puxian, Anze and Guxian independent coal washing plants have been shut down, and some of the mine mouth coal washing has also been shut down, with the recovery time to be determined. From the current situation, in addition to the environmental inspection, many main production areas in Shanxi still face the double inspection of safety and overproduction at the end of the year, and the supply of coking coal has declined significantly. In terms of Construction: this week's comprehensive construction rate dropped significantly, and regional production reduction increased. In terms of specific market: the output of raw coal and clean coal is affected by the faults encountered under the representative mines in Anhui Province and the guarantee of safe production at the end of the year; the market in Inner Mongolia is stimulated by the coking city this week, and the coking coal is intensely expected to rise, and the enthusiasm of coal washing plant production is significantly improved due to the large amount of raw coal in the early stage; Linfen, Luliang, Yuncheng and other regions in Shanxi Province are affected by heavy pollution weather warning, and independent coal washing plants are in large scale The production of coking coal has been cut down in some large mines, such as the coking coal group.

The environmental protection inspection, safety inspection and overproduction inspection at the end of the year have affected the supply of coking coal to varying degrees. The production of Chongqing has also been greatly reduced due to the strict safety inspection at the end of the year. Data source: stock of Mysteel coal and coke business unit: raw coal and clean coal stocks continue to decline this week, and sales of low sulfur main coke are relatively active. In terms of raw coal: the inventory of raw coal continued the downward trend last week. In Inner Mongolia, the construction was mainly improved, the consumption of raw coal was relatively fast, and the inventory in the supervision area continued to decline; the order meeting of Hebei large coal mine ended, the delivery was positive, and the inventory decreased; the safety production of Henan large coal mine ensured, the output of raw coal decreased, and the inventory of coal washing plant was in the consumption stage. In terms of clean coal: the regional inventory is clearly increased or decreased, the coking coal demand in Shandong market is declining due to coking capacity reduction, and there is still some pressure on local shipments; Shanxi market is relatively active this week, the price of raw coal and clean coal continues to rise steadily, among which the low sulfur main coke is active, the main production areas have no inventory, and the state-owned large mine inventory is also continuously consumed. Data source: the coking coal market of Mysteel coal and coke business division continues to show an upward trend, with the total increase of low sulfur clean coal of 40-70 CNY/ton, and the increase of raw coal of 20-120 CNY/ton. Near the end of the year, the production task of large mines is completed, and the output drops significantly, among which, the production of large mines such as Linfen is halved or the production is shut down for maintenance directly, resulting in more tight supply of high-quality raw coal, and the bidding price of individual mines is directly large It is expected that in the near future, with the support of supply, raw coal is still likely to increase. In terms of clean coal, the main coke with low sulfur is still ready to rise, and some mines have suspended receiving orders in consideration of supply problems, and the quotation keeps rising. In the short term, safety and environmental protection inspection is still an important factor affecting the coal mine output at the end of the year. Coal enterprises with reduced production or stopped production are increasing, and high-quality coking coal is still expected to rise under the support of supply.