According to the monitoring of business agency, the coking coal market in North China on November 17 was about 1400 yuan / ton, down 3.56% compared with the same period last year. The price of coking coal is relatively strong.
On November 16, the coking coal commodity index was 103.32, unchanged with yesterday, 14.98% lower than 121.53 (2019-03-12), and 130.06% higher than 44.91, the lowest point on January 28, 2016. (Note: period refers to 2012-09-01 to now)
According to the business association, the coal enterprises started operation basically stable, most coal enterprises maintained normal production, the sales of low sulfur main coke were smooth, the inventory continued to be low, and the price rose steadily.
Demand: on the downstream side, the coke price is high and stable temporarily. The seventh round of increase is not responded by the downstream steel plants, and the coke steel game is continuing. In terms of supply, the plan of de capacity in Shanxi and Hebei is gradually implemented, and the supply is slightly tight. Today, the mainstream price of quasi primary wet quenching coke in Shanxi is about 1980-2080 yuan / ton. The demand of downstream steel mills is still good, flat compared with the previous period. In terms of ports, the prices of the two ports in Shandong Province remained stable for the time being, and the inventory declined slightly. The trading atmosphere in the market was good, and the traders quoted actively. Today, the mainstream spot exchange of quasi first grade coke was 2300 yuan / ton. In the future, the recent focus is on the acceptance of the seventh round of increase in steel mills, the implementation of de capacity in various regions and the change of coke inventory in each link.
According to the coking coal analysts of the business society, the high price of coke is the main factor in the downstream. The seventh round of increase in the price of coke has not been responded by the downstream steel mills. The game between coke and steel is continuing. Under the high profits, the coke enterprises start to operate at a high level, and the purchasing enthusiasm is fair. On the whole, it is expected that coking coal will be mainly operated in a short term or strong way in the short term.
| Thiourea |