On July 28, coking coal price was strong

According to the monitoring of business society, the average market price of coking coal is 2163.33 yuan / ton. Coking coal prices are running at a high level.

PVA

On July 27, the coking coal commodity index was 150.31, the same as yesterday, hitting a record high in the cycle, up 234.69% from the lowest point of 44.91 on January 28, 2016( Note: period refers to 2012-09-01 to now)

According to the business society, in terms of supply, in terms of origin, coal mines around the country have successively resumed production, and the supply of coking coal has increased. However, due to the impact of safety inspection, Yulin has not resumed production in a large area recently, and the supply of power coal is still tight.

Demand: the coke spot market mainly operates stably for the time being. In terms of coking enterprises, the coke supply in Shanxi is slightly tightened due to the impact of environmental protection. Coking enterprises in other parts of China started actively, and production and sales were stable. The price of raw coal in the upstream is high, the profit of coking enterprises has declined to a certain extent, and most coke enterprises have a strong attitude of supporting the price. Affected by the reduction of crude steel output, the downstream steel plant has reduced the daily consumption of coke, mainly replenishing the warehouse on demand, and has low enthusiasm for receiving goods.

According to the coking coal analyst of business society, coking coal has increased in general, but considering the environmental protection policy, the supply of coking coal is still relatively tight temporarily, the price support mentality of coke enterprises is strong, and coke still has demand support for coking coal. In addition, due to the obstruction of transportation caused by weather factors, the coking coal inventory in the coke enterprises has decreased, and the coke enterprises still have room to replenish the coking coal. Generally speaking, the short-term coking coal mainly operates at a high level, depending on the downstream market demand.

http://www.pva-china.net

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