logo

yidun

伊顿

News Center

Check category
Homepage
/
News Center
/
Industry Information
/
Coking coal prices continue to rise in abruptly

Coking coal prices continue to rise in abruptly

(Summary description)According to Zhongyu Information, the recent environmental protection group has settled in Shandong, and the production of the coking plant has had a major impact. In the safety inspection in October, the resources of coking coal will inevitably be tight and the transportation links will be difficult. It is difficult to replenish the steel coke, and the demand side continues to strengthen, which strongly supports the coking coal price.

Coking coal prices continue to rise in abruptly

(Summary description)According to Zhongyu Information, the recent environmental protection group has settled in Shandong, and the production of the coking plant has had a major impact. In the safety inspection in October, the resources of coking coal will inevitably be tight and the transportation links will be difficult. It is difficult to replenish the steel coke, and the demand side continues to strengthen, which strongly supports the coking coal price.

Information
According to Zhongyu Information, the recent environmental protection group has settled in Shandong, and the production of the coking plant has had a major impact. In the safety inspection in October, the resources of coking coal will inevitably be tight and the transportation links will be difficult. It is difficult to replenish the steel coke, and the demand side continues to strengthen, which strongly supports the coking coal price！
 
According to data from Zhongyu Information Monitoring, the national pig iron output in July was 62.07 million tons, up 5.1% year-on-year. In July, crude steel output was 74.02 million tons, up 10.3% year-on-year. In July, coke output was 37.28 million tons, up only 0.1% year-on-year.
 
At the same time, this year, the National Development and Reform Commission and the General Administration of Customs have introduced restrictions on inferior imported coal. The import volume of coking coal has decreased more than the same period of last year, and the supply has also contracted.
 
Judging from the monthly imports of coking coal, since May 2017, the year-on-year decline has been very large, and the effect is very obvious. When the import restriction was not implemented in April, it increased by 58% year-on-year, while the year-on-year ranges in May and June were 5.45% and -0.36%, respectively.
 
"Most of the coking plants in Shandong still have strong confidence in the market outlook. Most people think that the price of coke has not yet peaked." Zhong Yu information analyst Xu Shinan told the "Securities Daily" reporter that after the upward adjustment of coking coal price in Shandong in early August, The price has been relatively stable, but the inventory in Shandong is relatively low, and the enthusiasm of downstream customers is still high. Therefore, the price increase intention of enterprises in Shandong is very strong, and Shandong coal enterprises are also planning to continue to rise.

Scan the QR code to read on your phone

Previous: None
Next: The concrete machinery industry is picking up the positives of all parties or will usher in an outbreak
Previous: None
Next: The concrete machinery industry is picking up the positives of all parties or will usher in an outbreak

Contact information

 

Tel：025-85096147

Fax：025-85096148
E-mail：zg-ljm@163.com
Address：Ri Jiangning District No. 5 Industrial Park, Jinhua Road

 

 

 

News Center

 

Company News

Industry Information

Media Focus

 

 

 

 

Copyright © 2019  Nanjing Yidun Paike Heavy Industry Machinery Co., Ltd. All Rights Reserved.      苏ICP备19035244号-2     Powered by:www.300.cn