Coal supply and demand in Inner Mongolia may be in overall balance

According to the Inner Mongolia development and Reform Commission, coal prices fluctuated slightly in 2018, with little change compared with the same period last year. It is expected that this year, the coal market in Inner Mongolia Autonomous Region will be in a pattern of overall balance of supply and demand, slight easing in the light season, the price center of gravity will move down, and the price fluctuation range will be narrowed. In 2018, the price of power coal mine in Inner Mongolia Autonomous Region coal market fluctuated slightly, and the fluctuation range gradually narrowed. In 2018, the average pit mouth price of Inner Mongolia power coal was 210.05 CNY/ton, 2.25% higher than that in 2017. In 2018, the average purchase price of electric coal in Inner Mongolia fluctuated slightly. In May 2018, it was 197.16 CNY/ton, down 4.43% from the beginning of the year. In 2018, the average purchase price of Inner Mongolia electric coal was 205.35 CNY/ton, 1.27% higher than that in 2017. At present, the process of eliminating backward coal production capacity has reached the end stage. It is predicted that the high-quality production capacity of Inner Mongolia Autonomous Region will be released in succession this year, the overall coal supply is abundant, the demand keeps rising slightly, and the price focus will further move down. From the perspective of fluctuation range, the inventory strategy of the power plant and the signing of medium and long-term contracts are conducive to the stability of coal prices. However, due to the uncertainty brought by the concentration of coal producing areas in the "three West" region, as well as the impact of unexpected factors such as weather on demand, the coal price in Mongolia Autonomous Region will maintain a small fluctuation trend this year.