Coking coal prices were strong in August

According to the monitoring of business agency, the average market price at the beginning of the month was 2163 yuan / ton, and the average market price at the end of the month was 2850 yuan / ton, with a price increase of 31.74% and a price increase of 111.63% over the same period last year. Coking coal prices are running at a high level.

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On August 30, the coking coal commodity index was 210.33, the same as yesterday, hitting a record high in the cycle, up 368.34% from the lowest point of 44.91 on January 28, 2016( Note: period refers to 2012-09-01 to now)

According to the business agency, the main reason for the coking coal price in August is the supply. The coking coal is still a strong operating market in the near future, and the coal in the producing area has increased recently. However, affected by the environmental protection inspection, the coking coal supply in the main producing area is still tight, and the contradiction between coking coal supply and demand still exists.

Demand: in August 2021, the coke market experienced seven rounds of increase, with a cumulative increase of 840 yuan / ton. Up to now, the mainstream market price in Shanxi is 2496 yuan / ton at the beginning of the month and 3318 yuan / ton at the end of the month, with a monthly increase of 32.93%. The downstream has a good demand for coke: this month, the downstream purchasing enthusiasm is not reduced, the storage is increased actively, the demand for coke is well supported, the steel plant purchasing enthusiasm is improved, the demand for replenishment is high, and the demand for coke is well supported. As of August 27, the national stocks of thread, wire rod, hot rolling, cold rolling and medium plate were 7990900 tons, 1615700 tons, 2931900 tons, 1182300 tons and 1248000 tons respectively. The inventory of the five major domestic steel varieties decreased to a certain extent this month, among which the inventory of rebar decreased the most.

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. Under the current environment of slight shortage of supply and good demand, it is expected that the coke market will continue to maintain stable, medium and strong operation in the short term, and coke still has a strong demand for coke coal. Overall, the price of coking coal in the later stage still maintained a strong trend.

http://www.lubonchem.com/

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