Thermal coal price stability. Increased consumption of coal on the current power plant is expected to peak in mid-August, inventory downstream power plant will begin the test. The current situation can still plant in coastal areas, basic safety line can be maintained at near the northern coastal areas due to steady demand, coupled with the weather is not hot, but also to maintain the normal supply and demand, but some are maintained mainly by Automotive plant, face pressure. Coastal port market recently due to continuous heavy fog closed route, leading to high inventory, closing inventory 2 Qinhuangdao Port has risen to 8.195 million tons, but later as demand increased, the downward trend in coal prices will also be suppressed.
Price of coking coal market as a whole remained stable. July crude steel production in June with flat, still high, so despite the current downturn in the downstream steel market, but the coking coal market is still relatively stable, there is no significant change in the price. Into August, the downstream market is still obvious signs of significant warming, it is difficult to play a role in boosting the market for coking coal, under such circumstances, the possibility of coking coal market will continue to stabilize relatively large.
Anthracite market running smoothly. Now or in the downstream market continued to maintain a stalemate, both sides did not compromise the meaning of anthracite sales tepid basic maintenance of the status, but the high price of coal, making the lower market cost pressures high. However, after the integration of resources, resources have been concentrated in the hands of large Coal Mine Group, the bargaining can be too strong coal prices, coal prices coupled with liquidity, strong resilience, in which case, price adjustment of coal prices will not be strong, the short-term anthracite price is still difficult to come down significantly.
PCI coal market price temporarily stable. Profitability of the downstream steel mills now still no significant improvement, restricted financial pressure on raw material procurement more cautious, so now take the goods of injection coal is relatively stable, short-term injection coal price is expected to continue to stabilize the main. (Read Huai)