According to the monitoring of the business club, the average market price at the beginning of the week was 1490 yuan / ton, and that at the end of the week was 1513.33 yuan / ton, up 1.53%, 7.2% over the same period last year. This week coking coal prices strong market operation.
On April 24, the coking coal commodity index was 111.68, unchanged from yesterday, down 8.10% from 121.53 (March 12, 2019), the highest point in the cycle, and up 148.68% from 44.91, the lowest point on January 28, 2016( Note: period refers to the period from September 1, 2012 to now
According to the business community, on the supply side, affected by the environmental inspection, the operating rate of coal enterprises declined compared with the previous period, and the overall coal supply was relatively tight, especially at the end of the month, the coal management ticket was even more tight. And in terms of import, the quantity of Mongolian coal remains relatively low, and the overall supply of coking coal is tight.
Demand: the coke market is mainly in strong operation, the sales of coking enterprises have improved recently, and the inventory is on the low side. With the implementation of backward production capacity elimination strengthened, the future supply in Shanxi and Hebei will be tightened to a certain extent, and most coking enterprises are expected to be bullish. The downstream steel plants have a certain willingness to replenish the storage, and the coke inventory is low as a whole. After the implementation of the first round of coke price increase, some coke enterprises raised the second round of coke price increase, the mood of coke enterprises turned better, and their enthusiasm for raw coal replenishment increased significantly.
According to coking coal analysts of business society, affected by environmental protection inspection, the operating rate of coal enterprises has declined compared with the previous period, and the overall coal supply is relatively tight, especially at the end of the month, the coal management ticket is more tense. And in terms of import, the quantity of Mongolian coal remains relatively low, and the overall supply of coking coal is tight. In terms of downstream coke: the downstream coke enterprises have raised the price of coke for the second round, and the coke enterprises have a good start enthusiasm. The price of coke is stable and running well. There is a demand for coking coal to supplement the storage, and the coking coal is supported by the demand side. Generally speaking, the short-term operation of coking coal is relatively strong, and the downstream market demand is specific.
Polyglutamic acid |