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Home > Coking coal Coke News > News Detail
Coking coal Coke News
SunSirs: Coking coal price, strong in April
May 05 2022 15:03:48()

According to the monitoring of SunSirs, the coking coal price first rose and then fell in April, and the overall operation is strong. At the beginning of the month, the average market price was about 2955 RMB / ton, and at the end of the month, the average market price was 3255  RMB  / ton, the price increased by 10.15%, and the price increased by 111.82% compared with the same period last year. On April 30, the energy index was 1240 points, down 1 point from yesterday, down 20.56% from the highest point of 1561 points in the cycle (2021-10-21), and up 142.66% from the lowest point of 511 points on March 1, 2016. (Note: the period refers to the period from December 1, 2011 to now).

According to the survey data of SunSirs, the rise of coking coal price in mid and early April is mainly due to the origin. The origin is affected by public health events and transportation. Coking coal in the site has accumulated, but there is still strong demand in the downstream; The downstream coke mainly operates stably temporarily. At present, some coke enterprises are in short supply of raw materials. Therefore, some enterprises have been forced to reduce the load, and the market is expected to tighten the supply in the future. Coking coal is supported by coke, and the price is mainly good.

According to the survey data of the SunSirs, the coking coal price fell slightly at the end of April, mainly because the coke enterprises were resistant to the high price of coking coal, the market wait-and-see mood lingered, and more wait-and-see operation was the main reason.

According to the coking coal analyst of SunSirs: the production area is affected by environmental protection inspection, the increment of coking coal is limited, and the overall supply of coking coal is still relatively tight; There is still a demand for replenishment in the downstream coke market, but due to the high price of coking coal, coke enterprises mainly purchase on demand. Comprehensively look at the coking coal price in the later stage or temporarily stable operation market, and specifically look at the downstream market demand.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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