According to the data of business associations, the average price of domestic coking coal market is 1600 yuan per ton. On August 6, the coking coal commodity index was 118.20, which was the same as yesterday. It was 2.74% lower than the cyclical peak of 121.53 points (2019-03-12), and 163.19% higher than the lowest point of 44.91 on January 28, 2016. )
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On August 7, the domestic coking coal market as a whole remained stable, with a slight increase in some areas, a 20 yuan/ton increase in Luliang, Shanxi Province, and a temporary stabilization in the market price of Tangshan coking coal (coking concentrate) in Hebei Province. The mainstream price was about 1615 yuan/ton. The coking coal market was still open. The market price of coking coal (coking concentrate) in Handan, Hebei Province has been stable for a while. The mainstream price is about 1610 yuan/ton, and the coking coal market is still open. The market price of Huaibei (main coking coal) in Anhui Province is stable for the time being. The mainstream price is about 1530 yuan per ton. The coking coal market is still open.
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Despite the peak power consumption in summer, the coal stock has increased, and the downstream boosted the coke market. However, since August 1, more than 1,000 cement enterprises in many provinces and cities across the country will start a new round of staggered peak shutdown, or have a certain impact on downstream demand. At the supply side, the impact of environmental protection inspection has been intensified. Inner Mongolia, Hebei and other areas have concentrated on inspecting open-pit coal yards, bringing certain supply benefits to the market. Short-term benefits at both ends of supply and demand boost the coking coal market, and business associations expect the coking coal market to stabilize and recover.
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