Product
Supplier
Encyclopedia
Inquiry
Home > News > Valuable News > Shanxi: coking coal mine will be shut down in a centralized way for holidays

Shanxi: coking coal mine will be shut down in a centralized way for holidays

ECHEMI 2020-02-11

Today, the coking coal market in China is running steadily as a whole, and coal mines all over the country are going on holiday. It is understood that during the period from December 21 to December 27, coal mines in Shanxi Province will enter the state of centralized production suspension and vacation. At present, the underground production of coal mines in Linfen area in Shanxi Province has been on vacation, and the time for resumption of work is around the 10th day of the first month, but the coal washing plant and sales department still work normally. Affected by this, the regional coking coal supply will be further tightened, forming a certain support for the price of coking coal before the year. Now, the main low sulfur coking coal in Anze area of Linfen is 1420-1450 CNY/ton, and the low sulfur 1 / 3 coking coal in Puxian area is 1230-1250 CNY/ton. Today, the coke market is stable, and the mainstream market of the fourth round of game has no response.

 

In the near future, the snowpack line in Jinnan region has begun to recover gradually. Coke enterprises are actively shipping, and the early inventory has been digested. Near the Spring Festival, some coke enterprises have a decline in their confidence in the rise of this round. The steel mills hold a wait-and-see attitude for the time being, the inventory of mainstream steel enterprises has increased, and some of them still have the demand for replenishment. The atmosphere of port trading has weakened, trade transactions and enquiries have decreased, and the port inventory continues to decline. Specific to coking coal, the price is running smoothly. Coal enterprises and coal washing plants are going to have holidays this week. Anze's 5.1 million low sulfur main coke production capacity will be shut down on the 17th, and the supply will continue to tighten. With the recovery of transportation conditions in some sections, the inventory of refined coal will be reduced, while some large mines will be hindered by environmental protection factors, and the inventory of raw coal will be greatly increased. Before the year, the purchasing demand of coking enterprises is good, and the winter storage is near the end Some coal enterprises have extended the contract of shipment for holidays to years later. On the whole, the shortage caused by the supply before the year leads to the price of coking coal has no market, and the coking coal price will make a smooth transition to the year after. In the later stage, the output of coal mine is about to decline in the Spring Festival, and the demand for winter storage of some steel coke enterprises will maintain a stable, moderate and strong operation trend in the coking coal market before the year, but the situation of coking coal market after the festival is not optimistic.

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

Looking for chemical products? Let suppliers reach out to you!

Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.