With the arrival of autumn and winter, most parts of northern China cooling significantly. In order to cope with the cold weather, northeast and North China city will advance into a plurality of heating period.

For a long time the city heating fuel from coal, and coal combustion caused the increase in emissions of air pollutants, resulting in most city in Northeast China recently collective appearance extremely serious haze weather, multi regional PM2.5 index "detonation", a number of high-speed road and airport flight was forced off.

The climate in fog, or to speed up the launch of a new round of policy pressure period. Climate and environment deterioration not only endanger the national economic development, but also a threat to people's health. In order to control part of the regional air pollution serious phenomenon, this year the State Council and relevant ministries promulgated a series of policies of prevention and control of atmospheric pollution, and the coke steel and other major high polluting industries out, take an iron hand severely, strengthening the energy-saving emission reduction and elimination of backward production capacity. In the face of the upcoming haze weather period, coincides with the third plenary session, a new round of policy or will speed up the start pressure.

According to the State Council, in September 12th published the full text of "action plan" for prevention and control of atmospheric pollution, and in October 15th issued a "on the resolve of overcapacity guidance" contradictions, it clearly will curb duplicate construction, resolve the serious excess capacity contradictions work in local government performance evaluation index system, and points out that the high energy consuming industries steel, cement, electrolytic aluminum, excess capacity will be clean. According to the plan, before the end of 2015 and eliminated ironmaking, steelmaking, 15000000 tons of 15000000 tons of cement (clinker and grinding capacity), 1 tons of flat glass 20000000 weight boxes. This will further reduce the coal demand. According to estimates, affected by the policy of factors causing reduction scale will lead to years of coal consumption fell more than million tons.

Although the three quarter of this year, Shanxi, Henan and Hebei and other coal producing province successively issued for protection policies of the coal industry, and industry to benefit from the policy support, coal prices since 8 beginning have appeared short-lived rebound phenomenon, but the downstream steel city seasonal season has tended to the end.

According to the China Steel Association released the latest data show, the key enterprises in early October crude steel output 1764100 tons, reducing 23900 tons, year fell 1.34%; the prediction of crude steel output 2128100 tons, 23900 tons reduction, ten days were down 1.11%. In early October the end key statistics enterprise inventory of steel 13502200 tons, 889000 tons more than last year, an increase of 7.05%. Because after the northern area in winter, not only the construction stopped will weaken the steel consumption caused by coal procurement slowdown, and North China area severe haze, Tangshan steel will be affected by policy factors faced pressure to cut capacity, inevitably diminish the demand for coking coal.

On the other hand, Datong Qinhuangdao railway routine maintenance will be the end of October 28th, coal supply pressure will back up, around the Bohai area the balance of coal supply and demand situation will no longer exist. At the same time, worsening air pollution will accelerate the transformation of the energy structure, heating mode from the coal into natural gas will become more policy promotion, civil and industrial rising will greatly reduce the coal Dongchu expected rate of substitution.

In the face of the great background of excess capacity, energy structure adjustment, enter after November, coal tar has winter market can slightly forward, but will be because of environmental policy pressure weakened demand is expected, the market prospects may not optimistic, prices continue downward trend will not change the inertia.