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7.15 domestic coal market conditions
Time:2011-07-16   Read:936second  

Thermal coal price stability. Full port coal prices this week dropped slightly, the range of 5-10 yuan / ton. Port coal price drop, stocks rose, indicating that the pre-tension electricity to ease the situation in the near future, focusing on power generation business inventories had climbed to 64.34 million tons, up 16.6 percent over the beginning. The current stability of the downstream power plant demand, inventory, there is no obvious pressure, local government, railway aspects of coordination and focusing on peak demand electricity supply, coal prices have also a key focus to ensure coal supply, market supply and demand in balance , significant changes in short-term market is unlikely.
Price of coking coal market as a whole remained stable. Coking coal market Ruoshi current market continues, hard coke prices have been traded down, the number of coking coal companies have inventory, but is still in the bear's sphere of competence, so the current prices remain relatively stable. But the recent rebound in steel prices have started the trend of the market in August and the current strong market rebound expected, watching the atmosphere began to increase coking coal market. Shandong affected by the recent safety inspection, a certain capacity to receive effects of declining supply of coal, and thus signs of the recent coal price has come down to play the new support.
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.

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