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Coal Mine Safety Inspection Carried Out Mine-mouth Coal Price
Nov 06, 2017Sep 19, 2018

Coal, electricity and long term implementation of the agreement, combined with the State coal mining "276" limited production release in mid-November, ending months of soaring price of coal, steam coal prices have started to downgrade. Peace did not last long, however. 鈥 E company of the securities Times reporter was informed that the recent Shaanxi, Shanxi and Henan coal mine safety supervision of overweight and many supply side reform deepens, coal mines shut down in some areas, mine-mouth coal prices to rise again.

But people in the industry believe that coal storage height of heating in winter has passed, and merchants stock up enough, and raw materials demand is not strong. Between late this year and early next year, domestic coal prices will remain steady downward trend overall.

Mine-mouth coal prices to pick up

Coal prices rise and fall, affects the nerves of traders.

"Port coal prices also fell slightly, but some mine-mouth coal prices began to rise again. Coal now greatly influenced by policy factors, market sentiment strong. "Long-term active Yu Henan, and Shaanxi, to of coal business Zheng Mr told reporter, big enterprise coal electric long association of signed, makes power coal price from November mid-up began fell, continuous fell 3 week, price from November late of more than 500 more Yuan/tons declined to 380 Yuan/tons, almost is Cliff type fell, origin 6000 kcal of coal price had once and Port 5500 kcal coal price flat. The thought that coal prices will not be raised this year, Shaanxi Yulin, in the near future to rising coal prices have stopped falling yet again, medium and small coal price by about 15 Yuan/ton, ore even sharp rises 30 yuan/ton.

"Many places in inspections, a number of medium and small coal mines ahead of the Chinese new year holiday. This situation is most obvious in Shaanxi, rumor has it that tree, Fugu, such as shutting down coal mines quantities up to half, bought up not buying down mood began to spread among traders. "He said, which Nissan has calmed down with the coal, and active, Yulin, there is even a line to grab the coal situation, short-distance freight has risen nearly 10 Yuan/ton.

Statistical data show that recent Yuyang district 6000 calories coal price rose 460 Yuan/ton, 6000 kcal price rose 490 Yuan/ton. Compared with the December 9, coal prices rose to 30 yuan/ton, and sacred part mine too greatly the price, up from 10 Yuan to 30 yuan per ton.

"The recent mine-mouth coal price increase does occur in some areas, the overall adjustments at 15 RMB/ton. "Jingcoal industry analyst said due to production by the end of the tense situation, together with coal inventory is generally low, coal rose again. However, under the background of national stability in coal prices, coal prices as much mixed, overall remains stable.


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