According to the market monitoring system of important means of production of the Ministry of Commerce, from January 28 to February 3, the average price of coal in Shaanxi Province was 1600.2 RMB/ton, down 0.6% month-on-month.

Among them, anthracite was 1840.0 RMB/ton, down 0.5% month-on-month; Coking coal was 1953.0 RMB/ton, down 0.6% month-on-month. At the beginning of February, Shaanxi coal production enterprises have generally resumed normal production, and the industry continues to focus on supply guarantee, and the price is expected to maintain a slight fluctuation trend. It is expected that the demand for steel will start to improve in February, driving the price rebound in the coke market.

However, due to the increase in the supply of coking coal market, the support of coking coal cost on the coke price is no longer available, and the expected increase is also relatively limited.

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