-+ 0.00%
-+ 0.00%
-+ 0.00%
The domestic coking coal market continues to operate strongly. On the supply side, Qinyuan County in Changzhi City added 1 new coal mine to resume production today, and another coal mine is expected to resume production tomorrow. Although some coal mines in the main production area are progressing in an orderly manner, actual incremental releases are limited, and overall supply distribution in the region is tight, forming strong support for coking coal prices. Today, prices for mainstream large mines in many places have generally risen. Among them, mainstream large mines in Shanxi rose 170-350 yuan/ton, mainstream mining in Pingdingshan increased by 280-350 yuan/ton, mainstream mining in Shandong increased 120-160 yuan/ton, and mainstream large mines in Hebei increased 100-220 yuan/ton. The online auction market also saw strong gains. The average transaction price of Linfen Anze low-sulphur main coking coal increased 142 yuan/ton; the average transaction price of Luliang Zhongyang's low-sulphur main coking coal increased by 236 yuan/ton; the average transaction price of high-sulfur main coking coal in Xiaoyi increased by 2348 yuan/ton by 206 yuan/ton; and the transaction price of Jinzhong Lingshi high sulfur main coking coal increased 136 yuan/ton. On the demand side, due to the continued rise in coking coal prices, the loss situation of coking companies has not been substantially repaired. Today, the fourth round of increases in coke began to increase by 100-110 yuan/ton. Implementation began on the 3rd, and some steel mills have already continued to rise. Currently, coking steel companies' raw material inventories are low, and their inventory removal performance is remarkable, and there is still a certain need to replenish stocks. Taken together, the core contradiction of the tight supply of coking coal in the short term has not been resolved. The market shows a pattern where it is easy to rise and fall, and it is expected that it will continue to be volatile in the future.
Share
Listen to the news
The domestic coking coal market continues to operate strongly. On the supply side, Qinyuan County in Changzhi City added 1 new coal mine to resume production today, and another coal mine is expected to resume production tomorrow. Although some coal mines in the main production area are progressing in an orderly manner, actual incremental releases are limited, and overall supply distribution in the region is tight, forming strong support for coking coal prices. Today, prices for mainstream large mines in many places have generally risen. Among them, mainstream large mines in Shanxi rose 170-350 yuan/ton, mainstream mining in Pingdingshan increased by 280-350 yuan/ton, mainstream mining in Shandong increased 120-160 yuan/ton, and mainstream large mines in Hebei increased 100-220 yuan/ton. The online auction market also saw strong gains. The average transaction price of Linfen Anze low-sulphur main coking coal increased 142 yuan/ton; the average transaction price of Luliang Zhongyang's low-sulphur main coking coal increased by 236 yuan/ton; the average transaction price of high-sulfur main coking coal in Xiaoyi increased by 2348 yuan/ton by 206 yuan/ton; and the transaction price of Jinzhong Lingshi high sulfur main coking coal increased 136 yuan/ton. On the demand side, due to the continued rise in coking coal prices, the loss situation of coking companies has not been substantially repaired. Today, the fourth round of increases in coke began to increase by 100-110 yuan/ton. Implementation began on the 3rd, and some steel mills have already continued to rise. Currently, coking steel companies' raw material inventories are low, and their inventory removal performance is remarkable, and there is still a certain need to replenish stocks. Taken together, the core contradiction of the tight supply of coking coal in the short term has not been resolved. The market shows a pattern where it is easy to rise and fall, and it is expected that it will continue to be volatile in the future.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending