Thermal coal prices in Inner Mongolia fell slightly in mid- April
Time:2020-04-18 10:14:15 Source:CCTDCOAL
In mid- April of 2020, the price of thermal coal in coal pit and the purchase price of thermal coal in Inner Mongolia Autonomous Region both decreased slightly.
On April 15, the average settlement price of thermal coal at mine mouth in Inner Mongolia was 219.48 Yuan/ton, down 2.23% from April 5, 2020. Among them, the average settlement price of lignite in the eastern region was 214.66 Yuan/ton, the same with that of April 5, 2020. The average settlement price of thermal coal in Ordos was 215.00 Yuan/ton, down 9.15% from April 5, 2020. Compared with April 15, 2019 (hereinafter referred to as the year on year), the average settlement price of thermal coal at mine mouth in Inner Mongolia increased by 0.48%, of which the average settlement price of lignite in the eastern region increased by 15.33%, and the average settlement price of thermal coal in Ordos decreased by 19.88%.
On April 15, the average purchase price of thermal coal in the region was 218.44 Yuan/ton, down 1.74% from April 5, 2020. When converted into standard coal (7000 kcal), the average value is 434.72 Yuan/ton, down 0.82% from April 5, 2020. Among them, the average purchase price of thermal coal in the eastern region is 214.18 Yuan/ton, the same with that of April 5, 2020. When converted into standard coal, the average value was 497.22 Yuan/ton, the same with that of April 5, 2020. The average purchase price of thermal coal in western Inner Mongolia was 221.86 Yuan/ton, down 3.04% from April 5, 2020. When converted into standard coal, the average value is 384.72 Yuan/ton, down 1.66% from April 5, 2020. Compared with the same period of last year, the average purchase price of thermal coal in the whole region increased by 5.29%, among which the purchase price of thermal coal in the eastern region increased by 8.46% and the purchase price of thermal coal in the western region increased by 2.96%.
According to data from the National Bureau of Statistics, China's producer price index (PPI) fell 1.0% month-on-month and 1.5% year-on-year in March, with both the month-on-month and year-on-year declines widening. The expansion of PPI decline is mainly affected by the sharp drop in crude oil prices and the pressure on domestic manufacturing industry, while the sharp drop in crude oil prices has a greater impact on the energy and chemical industry chain. At the same time, hydropower will continue to generate power in the second quarter, further squeezing thermal power market share, and thermal power coal demand will be reduced. Comprehensive analysis, it is expected that the short - term Inner Mongolia thermal coal prices will continue to run low.
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