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Characteristics of coal variety differentiation: Coking coal prices!

2009-03-01View Original

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Regarding thermal coal, prices at the mines remained relatively stable last week, but prices at the transfer points were under significant pressure. The price of high-quality coal from Shanxi in Qinhuangdao (5500 kcal/kg) was 565 yuan per ton, down 10 yuan per ton from the previous week, while the price of regular-quality coal from Shanxi (5000 kcal/kg) was 475 yuan per ton, also down 10 yuan per ton from the previous week. Prices at other major transit hubs have not changed.   Coal prices in the international market have also not seen a rebound. According to available data, on February 19th, the spot price of BJ coal in Australia (with a calorific value of 5,500 kcal) was 78.4 dollars per ton, down by 1.4 dollars per ton compared to the previous week. Compared with the closing price of 565 yuan per ton at the Qinhuangdao port for Shanxi high-quality mixed coal, the price of Australian coal BJ is even 23 yuan per ton lower, maintaining an inverted relationship.   On the contrary, the upward trend of coking coal continued: the ex-plant prices, including taxes, for Xingtai main coking coal and 1/3 coking coal were 1250 yuan per ton and 1150 yuan per ton respectively, both up by 50 yuan per ton compared to the previous week ; The ex-plant prices, including taxes, for Pingdingshan primary coking coal and 1/3 coking coal are 1,200 yuan per ton and 1,100 yuan per ton respectively, both of which have increased by 100 yuan per ton compared to last week. (Information from February 2009)

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