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The mentality of coking enterprises is better, the price of coking coal is quite high, and the price is mainly implemented.

Source: Jintou.com

According to monitoring by SunSirs, this week (11.14-11.21) refinedcoking coalPrice consolidation operation. The average market price at the beginning of the week was 2383.33 yuan / ton, and the average market price on November 21 was 2383.33 yuan / ton, a decrease of 22.49% compared to the same period last year. On 20 November, the energy index was 1139 points, the same as yesterday, down 27.03% from the highest point in the cycle of 1561 points (2021-10-21), and up 122.90% of the point lowest of 511 points on March 1, 2016. (Note: The circle refers to 2011-12-01 to date)

In terms of production areas, the price of coking coal is running at a high price, and the price of some types of coal has risen slightly, and the mentality of mining areas has improved.downstreamcokeOn the one hand, after falling this week, it is temporarily stable, and the inventory of coke enterprises is generally declining. At present, the inventory on the market is generally low, and the mentality of coke enterprises is stronger. Steel mill profits are still not good this week, but as winter approaches, steel mills have specific winter storage plans. Buying enthusiasm has improved.

According to SunSirs coking coal analysts: The price of coking coal is running at a high price. The demand for coking coal in the downstream coke has increased recently. Steel mills have a specific winter storage plan, and the enthusiasm for buying has increased The temperature must rise, and the price of coking coal will be comprehensively maintained, and the demand of the downstream market will be specifically considered.

(Article source: SunSir)

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