SunSirs: Energy, Coking Coal Market was Stable with Strong Upward Trend on February 26
February 27 2020 09:23:24 SunSirs (Selena)
On February 26, coking coal market was stable, moderate and strong. According to the monitoring of SunSirs, the coking coal market in Huaibei, Anhui Province was stable, and the main coking coal market quotation is about 1,560 RMB/ ton (tax included in the car plate). It is expected that the later period will be more stable. The price of coking coal in Luliang, Shanxi Province has been raised. The main coking coal market quotation is about 1,460 RMB/ ton. It is expected that the local price will be more consolidated in the later period. 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.
According to the coking coal analysts of SunSirs, the spot price of coking coal is stable, moderate and strong. Since the end of the week, the resumption of work and production of coal mines in Yulin and Erdos has been carried out in an orderly manner. At present, the coal mines in various regions of the country have gradually returned to normal, the supply of coking coal has increased, the recent restrictions on automobile transportation have been released, the raw coal of coking enterprises has been actively replenished, and the price of coking coal has increased. The price of coking coal is expected to maintain stable operation.
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