According to the monitoring of business agency, the average market price of coking coal in North China on October 20 was about 1366.67 yuan / ton, down 9.79% from the same period last year. The price of coking coal is mainly stable.

On October 19, the coking coal commodity index was 100.86, unchanged with yesterday, down 17.01% from 121.53 (2019-03-12), and 124.58% higher than 44.91, the lowest point on January 28, 2016. (Note: period refers to 2012-09-01 to now)

According to the business agency, the safety inspection in Shanxi Province has been strengthened recently, and the coal enterprises are still stable in operation. At present, the pace of coal enterprises’ shipment is speeding up, and the inventory of low sulfur main coke is declining. At the present stage, the coke enterprises start to operate well, the demand for coking coal is better, and the overall operation of coking coal is relatively strong.

Demand: on the downstream side, the price of coke is mainly stable for the time being. Some coke enterprises in Shanxi have started the fifth round of increase, with a range of 50 yuan / ton. At present, the environmental protection policy is loose, the profits of enterprises are high, the coking enterprises start higher, the production is active, and the coke inventory is mainly low. At present, the operation of the downstream is normal and has not been affected by the environmental protection policy. The demand for coke is good and the replenishment is active. In terms of port, the supply of goods is still tight, the price is stable temporarily, and the market inquiry is positive. Affected by the shortage of supply, the sales are average. In the future, the market is mainly stable and strong.

According to the coking coal analysts of the business society, the price of coke is mainly stable for the time being. Some coke enterprises in Shanxi Province have started the fifth round of increase, with a range of 50 yuan / ton. At present, coking enterprises start higher, production is active, coke inventory is low. The downstream purchase of coking coal has increased significantly. Generally speaking, coking coal is expected to operate in a short term or strong way in the short term.