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Home > News > Market Flash > Coal prices in Inner Mongolia rose slightly in March

Coal prices in Inner Mongolia rose slightly in March

ECHEMI 2020-04-13

According to the energy price monitoring data reported by each league and city, in March 2020, the settlement price of power coal (498, - 1.60, - 0.32%) and the purchase price of power coal (498, - 1.60, - 0.32%) in the whole region (Inner Mongolia Autonomous Region, the same below) increased slightly, the retail price of refined oil decreased slightly, and the industrial tariff remained unchanged.

 

In March, the average settlement price of power coal in the whole area was 226.45 CNY/ton, 2.09% higher than February 2020 (hereinafter referred to as the month on month), 3.68% higher than March 2019 (hereinafter referred to as the year-on-year). Among them, the average mine mouth settlement price of lignite in the eastern region is 214.75 CNY/ton, up 2.72% month on month, up 13.87% year on year; the average mine mouth settlement price of power coal in Ordos City is 250.00 CNY/ton, down 0.44% month on month, down 5.06% year on year. In March, the average purchase price of electric coal in the whole region was 222.45 CNY/ton, up 2.56% on a month on month basis, up 5.14% on a year-on-year basis; after being converted into standard coal (7000 kcal), the average value was 438.33 CNY/ton, up 2.30% on a month on month basis, up 5.71% on a year-on-year basis. Among them, the average purchase price of electric coal in the eastern region is 213.99 CNY/ton, up 0.12% on a month on month basis, up 7.20% on a year-on-year basis; the average purchase price of electric coal in the western region is 229.23 CNY/ton, up 4.47% on a month on month basis, up 3.65% on a year-on-year basis. In March, with the resumption of production of coal mines in the production area, coal production continued to increase and market supply gradually increased. At the same time, affected by the epidemic, the downstream coal consuming enterprises have not fully resumed their work, and the release of coal demand is limited. Therefore, in March, the coal price in our region rose first and then fell. By the end of March, the coal price has basically recovered to the level before the epidemic. With the gradual improvement of the epidemic situation, various industries have accelerated the resumption of work and production in the near future, and the demand for coal in the downstream will continue to increase. However, in April, the temperature will gradually pick up, and the demand for heating in the north will decrease. Taking all factors into account, it is expected that the coal price in our district will run smoothly in April.

 

On March 18, the price of refined oil was slightly reduced. The average retail price of 92 gasoline, 95 gasoline, 0 diesel and - 10 diesel in the whole region was reduced to 7245 yuan, 7655 yuan, 5910 yuan and 6265 yuan per ton, respectively, 12.93% and 14.16% lower than that before the price adjustment, and 21.22% and 22.85% lower than that before.

 

In March, the price of general industrial power (above 35kV) in Western power grid was 0.4528 yuan / kWh, and that of general industrial power (above 35kV) in Chifeng Tongliao power grid in eastern power grid was 0.607 yuan / kWh; The price of large-scale industrial power consumption (above 35kV) in Western power grid is 0.4328 yuan / kWh, and that in Chifeng Tongliao power grid (above 35kV) in eastern power grid is 0.443 yuan / kWh, which is the same as last month.

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