Thermal coal price stability. Recent residential electricity consumption in stable condition, has not reached the peak load power plants, so plant inventory has not yet tested, pre-cover short positions after the process, the current inventory situation remains stable. Current coal prices take the goods in stable condition, balance production and sales without inventory, due to the current high price level, the normal supply and demand, the recent fluctuations in coal prices is unlikely. Electricity this summer, the situation is quite severe, there may also limit the peak power of the situation, but given the current inflationary pressures and the coal price has been high, coal prices continue to rise space is not large.
Price of coking coal market as a whole remained stable. As the current downstream market is still in a weak, out of the current downturn in the market of coking coal market is unlikely. However, the downstream market for the stock market began in August there is a strong rebound is expected to protect the housing problem and gradually pull effect of accelerated crack appeared in the third quarter is likely to be focused on the security room and then start the period of its coking coal for steel pull effect will become more apparent apparent. Coupled with high coal demand in August, coal shipments into the wash will be the impact of various aspects, supply will decline, so the next month out of the coking coal market downturn may continue for months.
Anthracite price stability. Currently covered by the downstream urea, methanol and other chemical products prices up support coal prices take the goods to normal, high pressure to reduce prices fall lump coal, coal prices price adjustment is not strong intent to extend the trend has been relatively steady high satisfaction, the short-term fluctuations in coal prices unlikely. If the price of coal can be maintained until the fourth quarter, when demand for anthracite market will enter the season, when the price of coal will be difficult or easy to rise, the high price of coal is likely throughout the year.
PCI coal market price temporarily stable. The current low profitability of the downstream steel mills, more cautious on the procurement of raw materials, restricted by the downturn in the downstream market, injection coal to take the goods from the previous month decline, particularly in the South to accept the goods the customer will decline significantly, the market began to pressure injection coal, the price being more stable.