According to the monitoring of business agency, the average market price at the beginning of the week was 2466.67 yuan / ton, and the average market price at the weekend was 2600 yuan / ton, with a price increase of 5.41% and a price increase of 92.59% over the same period last year. Coking coal prices are running at a high level.
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On August 20, the coking coal commodity index was 191.88, unchanged from yesterday, hitting a record high in the cycle, up 327.25% 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, coking coal is still a strong operating market in the near future, and in terms of origin, the coal in origin has increased recently. However, due to the impact of environmental protection inspection, the supply of coking coal in the main origin is still relatively tight, and the contradiction between coking coal supply and demand still exists.
Demand: coke has experienced two rounds of rising this week and landed quickly. As of this Friday, coking enterprises in Shandong, Hebei, Shanxi and other main production areas have started the fifth round of raising 120 yuan / ton, and the downstream has not responded yet. In terms of supply, coking enterprises have reduced their output to a certain extent due to the difficulty of raw material procurement and the impact of production restriction and conversion in some areas. At present, the inventory in the plant is mostly low, the manufacturers are active in operation and have good sales. In terms of downstream demand, the steel mills have been active in purchasing this week, actively increasing storage, providing good support for coke demand, improving the steel mills’ purchasing enthusiasm and high demand for replenishment.
According to the coking coal analyst of business society, coking coal is still a strong operating market in the near future, and the coal in the producing area has increased recently. However, due to the impact of environmental protection inspection, the supply of coking coal in the main producing area is still relatively tight, and the contradiction between coking coal supply and demand still exists; In terms of downstream coke, the coke price is relatively strong, and the purchasing enthusiasm of downstream steel mills is not reduced. At present, the inventory in coke enterprises is mostly low, the manufacturers start actively and sell well. Coke still has a strong demand for supplementary storage of coking coal. Overall, the price of coking coal in the later stage still maintained a strong trend.
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