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Coking coal prices rising: superposition of supply and demand gap had winter

Aug 20,2018
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According to those news, China's largest coking coal production enterprises, shanxi coking coal group co., LTD. (hereinafter referred to as "shanxi coking coal") on September 29, released in October marketing policy options, including the extent of coking coal price increases for 100 yuan - 170 yuan/ton, will commence on October 1.

Shanxi Fen nutrient-laden energy development consulting co., LTD. Group manager isaceli rs price surge in news interview, since this year, the coal mine production system due to the strict enforcement of 276 working days, after the limit production major domestic steam coal producing area in production only does not increase.Nearly two months of the steel industry coal supplies are tight, some iron and steel enterprise individual coking coal blending coal inventory almost cut off.Plus had winter will come, steel mills coal stocks are generally low.

Isaceli rs, under the influence of the above factors, coking coal prices higher.Earlier this year the main coking coal price in 700 yuan per ton, probably from July this year, coking coal prices begin to rise sharply.Now, to the tangshan port of main coking coal prices have risen about 1100 yuan per ton.Shanxi coking coal prices adjust once a month, actually this is just to follow the market price, and is not.Shanxi coking coal in September for failing to bullish market, its coking coal prices in September is flat in August.So, the pricing of coking coal in October is just follow a normal reaction of the market, price increases is not high.

Isaceli rs, steelmaking raw materials of a sustained rise in the price of coking coal for steel mills has brought a lot of pressure.First-half profit good steel mills has been reduced to a small profit, even a loss.Every 100 yuan rise because of the price of coking coal, which correspond to the production cost of steel will increase at least 30 yuan.

In addition, the country has not yet issued relevant policy about coking coal production.

Previously, to stabilize the coal supply and curb rising prices too fast, the national development and reform commission issued the relevant policies in the annual output is not breakthrough after 276 working days for approval capacity under the premise of volatility to release the advanced capacity.And it just for thermal coal, are not involved in coking coal.To this end, the China iron and steel association (hereinafter referred to as "cisa") presented to the national development and reform commission has "about the recent steel industry coal supply tense situation reflects" file.However, the national development and reform commission has not come about in the subsequent meeting of coking coal production policy.

Isaceli rs to surging news analysis, because of thermal coal involve the issue of national economy and people's livelihood, such as heating heating, etc., this is a country must first ensure the availability of steam coal.The problem of steel, however, rarely involves the national economy and people's livelihood, and is itself industries with excess capacity, so expect countries to single out a coking coal production will be difficult.According to the current potential of coking coal, is expected by the end of this year, tangshan port to port of main coking coal prices will rise to more than 1400 yuan/ton.


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