Large coke enterprises raise coke price

According to market news, the price of a large coke enterprise in Hebei Province has been increased by 50 CNY/ton. After the increase, the price of quasi first dry quenching coke is 2140 CNY/ton, the price of quasi first grade coke is 1890 CNY/ton, and the price of second grade coke is 1860 CNY/ton, all of which are factory acceptance and tax inclusive. It will be implemented at 0:00 on January 8. Some coke enterprises in Xuzhou, Jiangsu Province have raised 50 CNY/ton, and now the price of first grade wet coke is 2000 CNY/ton. The price of quasi first grade dry coke is 2250 CNY/ton, all of which are factory tax inclusive. According to China's coal resources network, the coke market as a whole is relatively strong. Heavy snowfall in the northern region has affected the high-speed road closure and few vehicles, the freight has been rising continuously, and the coal price at the end of the year is strong support. Considering the cost, some coke enterprises in Hebei and Shanxi have increased 50 CNY/ton in the fourth round, and the downstream mainly wait and see. At the supply side, the environmental protection warning has been lifted or degraded. Most coke enterprises are back to normal production and the supply is high and stable. However, due to the influence of extreme weather, there is a certain amount of inventory left in the factory. At the demand side, due to the poor transportation in recent two days, the arrival of steel plants is often less than the daily consumption. Most of the year ago, they still actively prepared for storage. In the later stage, they still need to pay attention to the recovery of transportation problems and low inventory steel plants Inventory performance. 

According to the economic reference newspaper, the reporter learned from the annual working conference of the National Railway Group held recently that in 2020, the three-year reform action plan of the national railway enterprises will be formulated, and the timetable, roadmap and major measures for deepening the railway reform will be made clear. Tieke rail company, China Railway Special Products Co., Ltd., Jinying Heavy Industry Co., Ltd. and other enterprises will speed up their listing, while promoting the reform of mixed ownership, and attracting social capital to participate in railway construction. It is understood that in the past 2019, China Railway Group has continued to deepen the reform of railway investment and financing system, and xiong'an high speed railway, Haoji railway and other projects have attracted social investment of 11.7 billion yuan. The capital of local governments and enterprises in railway infrastructure investment reached 209.5 billion yuan, an increase of 31.3 percentage points over 2016. 

According to the data statistics of Yulin coal trading center, at present, there are 69 state-owned coal mines in Yulin, with a total capacity of 336.85 million tons, 192 private coal mines (including collective and general partnership) with a total capacity of 13857000 tons. Near the Spring Festival, private coal mines in Yulin may stop production in large areas for holidays. Even if the state-owned coal mines do not stop production in an all-round way, some coal mines will reduce production, and the production capacity will be greatly reduced in mid January. "This Blizzard has seriously hindered the pace of coal mine sales and downstream procurement. If the road does not return to normal, there may be a double situation of" difficult to buy coal "and" difficult to sell coal "in the upstream and downstream." Person in charge of a coal mine in Yuyang. 

In terms of ports in the north, due to the impact of snowfall in the production area, the coal supply in the port further reduced, while the downstream demand continued to be weak, and the willingness to receive coal in the high price market was not strong. At present, the spot price is stable, and the actual purchase price revolves around index trading, (cv5500) closing price is 555-560 yuan, (cv5000) closing price is 495 yuan, and some customers expect that the short-term port price will remain stable and small fluctuations. Downstream, as of January 7, the inventory of six coastal power plants was 15.333 million tons, with a decrease of 403000 tons in the weekly to environmental ratio, an increase of 1.144 million tons on a year-on-year basis; the daily coal consumption was 701000 tons, with a decrease of 71000 tons in the weekly to environmental ratio, a decrease of 74000 tons on a year-on-year basis; the available days were 21.9 days, with a increase of 1.5 days in the weekly to environmental ratio, and an increase of 3.6 days in the same ratio. In terms of imported coal, Australia's demand for coal inquiry has increased and its offer has been slightly explored. Now, Australia (cv5500) offers us $fob54, while the downstream cannot accept the high price temporarily; Indonesia's demand for coal is good and the price is firm, and Indonesia (cv3800) offers us $fob34 for small boats.