China's coal prices were mixed last week: MOC

Time:2020-05-21 15:54:18 Source:CCTDCOAL

According to Ministry of Commerce (MOC), China's coal prices were down 0.2% from previous week in last week (May 11th- May 17th). Among them, the prices of thermal coal were down 0.4% from previous week; the prices of anthracite (2#, lump coal) were basically unchanged; and the prices of coking coal were up 0.1% from previous week. With the increase in electricity consumption, thermal coal demand is expected to rise in the later stage and coal prices are expected to increase.

China's steel prices were up 0.4% from previous week. Recent steel demand has rebounded, inventory continued to decline, the late steel market price is expected to rise.

Index	RMB/t	DoD	Basis	Date
Datong 5500	700	0	ex-mine	05-04
Shuozhou 5200	680	0	FOR	05-04
Ordos 5500	700	0	ex-mine	05-04
Yulin 6200	780	0	ex-mine	05-04
Liulin Low-sulphur	900	0	ex-mine	05-04
Gujiao Low-sulphur	1770	-50	FOR	05-04
Xingtai Low-sulphur	2360	0	ex-Factory	05-04
Yangquan PCI	1280	-30	FOR	05-04

Index	RMB/t	WoW	WoW%	Date
Qinhuangdao	507.0	1.0	0.20	05-04
Caofeidian	541.0	9.0	1.69	05-04
Huanghua	216.9	12.4	6.06	05-04
Guangzhou	291.2	3.0	1.04	04-27
coastal 6PPs	1629.8	44.7	2.82	07-02
North Ports	2697.8	53.0	2.00	02-01
Yangtze River delta	1242.5	-74.7	-5.67	02-01
South Ports	2233.4	-216.0	-8.82	02-01