SunSirs--China Commodity Data Group

Sign In

Join Now

Contact Us

Home > Coking coal News > News Detail
Coking coal News
SunSirs: Energy, Weak and stable of Coking Coal Market on April 28
April 29 2020 10:40:05SunSirs(Selena)

According to the monitoring of the business association, the coking coal market is dominated by weak and stable operation, and the average market price in North China is about 1411.67 yuan / ton. On April 27, coking coal commodity index was 104.18, unchanged from the previous day, down 14.28% from 121.53 (2019-03-12), the highest point in the cycle, and up 131.98% from 44.91, the lowest point on January 28, 2016. (Note: cycle refers to 2012-09-01 to now)

Product: the market of Pingdingshan coking coal is stable, and the mainstream price of the main coking coal market is about 1,500 RMB/ ton (tax including car plate). It is expected that the price of the region will be stable in the later stage. Taian coking coal market is stable, and the main coking coal market quotation is about 1,420 RMB/ ton (ex-factory tax included), and it is expected that in the later stage the price of the region will be mainly stable. The price of coking coal in Luliang, Shanxi Province is temporarily stable, and the main coking coal market quotation is about 1,350 RMB/ ton. It is expected that the local price will be more consolidated in the later period. The coking coal market in Huaibei, Anhui Province is temporarily stable, and the main coking coal market quotation is about 1,510 RMB/ ton (tax including car plate), and it is expected that it will run stably in the later stage. Affected by the decline in the price of imported coking coal, the sales pressure of domestic coal mines is relatively large, and it is expected that the long-term cooperative price of some large mines may be lowered.

Industry chain: at present, the market price of coke is temporarily stable, and the downstream steel plants mainly purchase on demand. At present, the supply of coke is stable and the sales situation is normal. Although the coking profit has picked up compared with the previous period, the coking coal purchasing at the raw material end is still cautious.

According to coking coal analysts of SunSirs, although coking profit has rebounded compared with the previous period, coke enterprises have general enthusiasm for production under the low profit state, and they purchase more coking coal on demand at the raw material end, and some of them still have the willingness to press the price of coking coal. It is predicted that the coking coal price will be weak in the later period, and the demand of the downstream market will be considered.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products