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Home > News > Valuable News > The number of local anthracite mine holidays is increasing

The number of local anthracite mine holidays is increasing

ECHEMI 2020-02-11

Near the Spring Festival, most of the mainstream coal enterprises focus on safety production. The overall output of anthracite is not high, and it is mainly for long-term cooperative customers to ship. However, the number of local mines shut down for holidays has increased in succession. It is understood that most of the local mines in Gaoping, Yangcheng, Zezhou and other areas in Shanxi Province are closed down between December 13 and 23. The mainstream anthracite mines in Henan Province do not have holidays during the Spring Festival, but some of the local mines have already shut down for holidays. At present, under the general situation of downstream demand performance, the main factor supporting market stability is the decrease of supply side. At present, the tax inclusive price of the mainstream anthracite washing medium block car board in Jincheng District of Shanxi Province is 1050 CNY/ton; the tax inclusive price of the mainstream anthracite final coal in Jiaozuo District of Henan Province is 570 CNY/ton, which is stable.

 

Future market forecast: in terms of lump coal: at present, the trend of urea products is general, the market just needs to be slightly weak, the chemical industry users have made appropriate preparations in the early stage, and now the purchase of raw coal tends to be stable, and the demand side has limited support to the market. However, due to the increase of the number of coal holidays in the origin, the whole supply of anthracite has been reduced to support the stable operation of lump coal market. In terms of final coal: on January 15, six major coastal electric power data: inventory of 14.9156 million tons, daily consumption of 683900 tons, available for 21.8 days. As the Spring Festival is approaching, the supply of anthracite and the demand for downstream procurement are weak. Therefore, it is expected that the market of anthracite powder coal will be stable before the festival, and only a few coal mines in some areas or coal prices will be slightly adjusted according to their own production and sales. Generally speaking, the favorable factors supporting the smooth operation of the anthracite market are mainly concentrated in the supply side. It is expected that the stable price operation of the domestic anthracite market before the festival will be the main one, and only a few coal mines in some areas or coal prices will be slightly adjusted according to their own production and sales.

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

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