Thermal coal price stability. The recent hot weather the South intensified, electricity load set to rise further, the power plant to ensure that "summer peak" period, electric power supply, power generation have been operating at full capacity, most power plants coal stocks decline. According to statistics, as of August 1, average daily domestic focus of power plant coal consumption increased to 704,000 tons 87,000 tons plant inventories last week about 17 days. However, we can also see the current inventory of the plant remains a relatively safe level line, the weather factors and the economic situation under the double impact, inventory decreased speed is not fast, Qinhuangdao Port coal price drop this week, is still a good proof. Coal is expected to peak this summer will occur in mid-August, rising coal consumption will underpin the market, coal is unlikely to fall, the market of coal resources will be tight, but the price is due to a lower profitability of the business is not currently strong and the current prices have been high light of factors, not much room to adjust the price of coal is expected to stabilize in the latter part of the market more likely.
Price of coking coal market as a whole remained stable. As the downstream steel market is currently slightly warmer, steel mills reduce production intent is not large, there is currently still at a high level of crude steel production, which is the current trend in the downstream market downturn, but coking coal prices did not fall, up slightly in parts of the reasons . But I can see is that, restricted by the current tight monetary policy, the downstream business Jiaomei banks is not high, but now under the vote was only to maintain business relations, purchasing more wary, so in this case, the price of coal Da Fan Wei Adjust the lack of support, is expected to post price or continue to stabilize the main.
Anthracite market running smoothly. The current downstream chemical industry and coal prices are see-saw, but to buy or not buy up the state of mind stimulation, many dealers began to coal storage, starting this winter to prepare for civilian needs, market resources slightly nervous. With the current market conditions, price or lump coal smoke is expected to post up going down easily.
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.