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Home > News > Valuable News > Tight price rise of Shanxi coking coal before Spring Festival

Tight price rise of Shanxi coking coal before Spring Festival

ECHEMI 2020-01-20

Today, China's coking coal market is rising steadily, among which the demand for high-quality coking coal in Shanxi continues to improve, the supply is tight, and the price of high-quality coking coal has basically reached a general rise, ranging from 20-50 CNY/ton. Now, the main coking coal s1.6 in Luliang area has increased to 1130 CNY/ton. In general, the price of coking coal is relatively strong, and the price of low sulfur main coke in some areas is still on the rise. The supply of high-quality coking coal is in short supply, and some coking enterprises turn to purchase imported coal as supplementary resources. At present, the inventory of most coal enterprises is low, the purchasing enthusiasm of the downstream coke enterprises is high, the quotation of scarce resources has been stopped, and some coal enterprises have no goods at high prices. In the short term, the quotation of high-quality main coke coal or the continuous increase in price, and the transaction of coal blending resources is stable.

 

In Anze, Shanxi Province, the transaction price of some main cokes with high moisture and low sulfur rose by 50 CNY/ton again, most of the coal enterprises focused on the early orders and did not sign new orders for the time being; the overall enthusiasm of coal washing plants in Inner Mongolia was high, but due to the fact that the price of clean coal of some large-scale coke enterprises had not been raised for the time being and the cost pressure was large, some of them suffered from production decline; some of the Northeast coking and coal washing plants had been completely shut down, and the plant maintained Reasonable clean coal inventory, the raw coal was tight and the price was too high before the year, so it was no longer washed and recovered after the year. In the downstream, the coke enterprises in Xingtai area intend to raise 50 CNY/ton again, which is under discussion. The rest are mostly on the wait-and-see attitude, and the coke is stable in the short term and strong in the medium term. Years ago, the coking coal market in Shanxi continued to strengthen, on the one hand, due to the end of the year, the increase of coal mine production and safety production, and the tight supply; on the other hand, the downstream steel plants and coking plants actively replenished the inventory to ensure the normal production during the Spring Festival, with the support of demand.

 

On the whole, before the Spring Festival, the coking coal market in Shanxi will still be strong, but it is difficult to maintain the market momentum after the festival. At the beginning of the new year, due to the gradual resumption of production of some coal mines in Shanxi in the early stage, the supply of coking coal has improved slightly at present. However, considering that some coal mines plan to have holidays around December 20, the downstream coking enterprises have not been slow in the replenishment of coking coal storage, and they still actively purchase the main coal. Most coal mines have pre sold their production before the year, the sales situation is good, and the trend of coal price rise is spreading, among which Shanxi is low Compared with the low point in November, the sulfur main coke has accumulated 90-180 CNY/ton; the middle and high sulfur main coking coal has accumulated about 20-50 CNY/ton.

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

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