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July 22, the domestic coal market conditions
Time:2011-07-23   Read:933second  

Thermal coal price stability. Situation is more stable due to the recent power consumption, power stocks rebound, pre relatively tight coal supply and demand greatly ease the current power plant needs to maintain rigidity of the basic needs of the main. In the case of relatively stable demand, coal prices will not much price adjustment, in addition to safety inspections, and integration by parts lead to price up some areas, most areas have remained basically stable thermal coal. Late as temperatures rise, the amount of coal power plants will begin to peak power plant inventory will also be tested, in this case, the steam coal market is still difficult or easy to rise to maintain the trend.
Price of coking coal market as a whole remained stable. As the current downturn in the downstream steel market transactions, steel money is tight, in this case, the country in early July, crude steel output to 1.955 million tons, down 3.1%. Members of the Association over the same period in Steel crude steel output 1.627 million tons, a decrease of 3.8%. Will reduce crude steel production decreased purchases of raw materials such as coking coal, coking coal market short-term market weakness will continue. Department of Housing and the remaining requirements of the latter part of the security room before the end of November this year at full capacity, will inevitably usher in the third quarter, the protection of housing starts peak, with the steel industry to the inventory tends to end, steel stocks upward inflection point, average daily production of crude steel to maintain high, weak coking coal market is expected to get out, so the market is waiting to see the atmosphere heavy.
Anthracite price stability. As the downstream market demand of urea began to fall, demand will begin to anthracite stabilize coal prices continue upward to the lack of support, but the price adjustment of coal prices will not be large, it is expected that anthracite market will enter a stable period.
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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