Thermal coal price stability. With the hot weather the continuation of residential electricity consumption continued to remain high, the steam coal market supply and demand support for the role to be reflected. In China, imports of coal recovery and growth, prompting the international spot market coal prices generally remained at a high level, Bijiaxiaoying and coal imports are still relatively low profit margins, inhibit the domestic market coal prices fell. In addition many Bureau of Mines in the first half to complete production tasks better, slowing the production schedule of the second half of the trend, coal supply also have some impact, but also play a role in boosting the latter part of the price of coal, coal prices continue to fall so late is unlikely , continued high prices firm more likely.
Price of coking coal market as a whole remained stable. Multiple of the late August to pick up the steel market had expected, but the current steel market is not evident, the tepid market still continues, which for the afternoon was full of the unknown nature of this case, watching the atmosphere of the market more important, who do not want to rush shots, the short-term coking coal prices more likely to hold steady.
Anthracite market running smoothly. Recently entered the market demand for downstream urea off-season, many companies are ready to shut down for maintenance, many companies reduced their smoke-free lump purchase, but at the same ex-factory prices are still smoke-free lump in the upstream business. This is mainly due to the high price of lump coal smoke has long been on the downstream market game is heating up, both sides did not compromise the meaning of this case, the short-term adjustments in ex-factory price of coal prices is unlikely, coal will continue to continued high level steady.
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. (Si zhen)