The supply of some coal mines will be restored soon

1. According to the China News Agency, it was learned from the Propaganda Department of the Party committee of Shanxi Tongmei group that a coal mine in the group died of 5 people in an accident of coal flowing through the coal hole on the 29th, which was caused by the illegal start of coal bunker feeder. According to the preliminary analysis, the remaining coal gangue and mud shed in the coal bunker is locked at the bottom; the cracks in the upper gateway of the coal bunker flow into the coal bunker, burying hidden dangers; the coal feeder of the coal bunker is started in violation of regulations, causing about 84 cubic meters of coal burst, leading to the accident. The head of Tongmei group told the Beijing news that after the incident, Tongmei group took the relevant head seriously.

2. Due to the opening of the new year, the supply of some coal mines is about to resume or has increased production. However, considering the holiday of the Spring Festival this month, the coke enterprises as a whole are still actively increasing the storage to ensure normal production during the festival and support the overall strong operation of the coking coal market. As of December 31, the Shanxi low sulfur main coking metallurgical coal index of Fenwei CCI was 1420 / ton, up 61 CNY/ton from the low point.

3. According to China coal resources network, the activity of coal trading in the northern port market is not high, and the shortage of low sulfur and high-quality spot resources still exists. Suppliers offer prices with an index of 2 yuan flat or up, but the demand is slightly weakened, and the receiving price is basically not higher than the index price. In terms of imported coal, the international sea freight has fallen, and the price of foreign mines is relatively stable. The price of Indonesian coal (cv3800) boat is around USD fob33.5-34.

4. The third round of price increase in coke market was fully implemented before New Year's day, with a cumulative increase of 150 CNY/ton. In recent years, with the recovery of coke enterprises in some places of origin, the supply of coke has gradually improved compared with the previous period, and with the opening of the new year, the tension of railway wagons has also eased, affecting the relatively smooth arrival of steel mills in some northern regions in the near future. The coke inventory of some steel enterprises has increased to 10-15 days, and they began to purchase on demand, and the coke inventory of a few low inventory steel mills has also gradually started Stable. Overall, the situation of tight supply and demand of coke is slightly relieved compared with the previous period.

According to market news, the purchase price of coke of Hegang group was increased by 50 CNY/ton, and the specific situation after adjustment is as follows: 1. The price of primary coke (a ≤ 12.5, s ≤ 0.65, CSR ≥ 65, MT ≤ 7) was reported as 2100 CNY/ton; 2. The price of medium sulfur coke (a ≤ 13, s ≤ 1, CSR ≥ 60, MT ≤ 7) was reported as 1900 CNY/ton; all of the above are factory acceptance tax inclusive prices, which will be implemented from 0:00 on January 1, 2020.