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Many large coal enterprises cut down the price of coal products
Source:China fertilizer network   Time:2018-01-15   Read:660second  

Shandong energy group, Shandong Yanzhou Mining Group announced that from now on, the company lowered the price of coal related. In recent days, there are a number of large coal enterprises said to stabilize the market, play an exemplary role, lowered the price of coal under the flag. Analysts pointed out that coal enterprises are generally reducing prices in the same period, and the role of the stable market is obvious. Close to the Spring Festival, the downstream enterprises to fill the storage demand, coal enterprises to reduce the price of the price of the market expectations.

Many coal enterprises cut down the price of coal
Shandong Energy Group announced that it will reduce the market electricity coal price by 15 yuan / ton from now on. At the same time, it actively organizes production and coordinates transportation to ensure the long-term and long-term contract of electric coal. Shandong Yanzhou Mining Group said, from now on by the mixed coal product listing price of 15 yuan / ton.
In recent days, a number of large coal enterprises in coal prices cut. China coal market summary data show that the national energy group in January 12th to cut the market coal sales price 15 yuan / ton; coal energy since January 12th, spot prices are down 15 yuan / ton; Inner Mongolia Yitai group since January 11th, coal prices down 15 yuan / ton; Huaibei mining industry since January 12th, the market price of coal down 15 yuan / ton Huainan; mining on the long association since January 12th and foreign coal, at the base of the market price of coal, downward float of not less than 15 yuan / ton; Shaanxi coal transportation group since January 13th, down 15 yuan / ton coal direct supply of Yushen Coal Changxie railway; the company since January 13th, based on the stability of railway long association price on the ground, sales of coal ore price down 10 yuan / ton; Wanbei Coal Refco Group Ltd since January 12, 2018, while maintaining the long association of coal prices stable, the market price of coal down 15 yuan / ton.
In addition, Shanxi large state-owned coal enterprises, coal, coke seven coal, Shanxi coal, Lu'an, Shanxi and Shanxi coal import and export company has also announced a reduction in the price of coal.
Yanzhou Mining Group, said that since January 2018, the coal market supply and demand situation is tight, coal price fluctuations, greater pressure for supply and price stability. As a large state-owned coal enterprise, the company, in order to maintain the price stability of the electricity market, actively fulfill its social responsibilities, develop the exemplary role of the state-owned enterprises, and reduce the price of the products. Other coal enterprises are in the same manner.
Guarantee the demand for pre saving and replenishment
In the recent period, the temperature continued to decline, the power plant load increased, the purchasing demand continued to increase, and the daily average coal consumption remained high. China's coal market data show that as of January 11th, the six largest power plants in the coastal area consume 763 thousand tons of coal per day, an increase of 78 thousand tons compared with last week, and 10 million 383 thousand tons of power plants increased by 373 thousand tons.
The obvious high day consumption continues to support the rigid pull of the power plant, which plays a certain supporting role in the coal price. Driven by the high price of the coastal coal market, the coal price of producing area has also risen in varying degrees. And since the new year's day in 2018, the main producing area of coal has been continuously snowfall, and the production and transportation of coal have been affected. The price and road freight price of main producing areas all rise.
Analysts say that coal enterprises have generally reduced prices in the same period and have a significant role in stabilizing the market.
Insiders told the China Securities Journal reporter that the demand for replenishment of coal enterprises is increasing near the Spring Festival. In order to ensure a smooth winter holiday, there is a higher enthusiasm for the replenishment of downstream businesses. At this time, coal enterprises have reduced the price of coal products in succession, which will bring a steady price expectation to the market.
After the Spring Festival, it is the traditional off-season of coal. Due to the Spring Festival holiday, the industrial demand is low, and the coal demand is generally low. In winter, the capital construction in the north is also out of season. People in the industry expect that the supply and demand of coal should be relatively loose after the festival.

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