89 million tons of medium-term and long-term cocking coal contract were signed

Time:2018-11-27 16:09:36      Source: cctdcoal.com

According to Economic Daily, 8 member companies of China coking coal brand clusters such as Shanxi Coking Coal Group and etc., signed medium- term and long-term contracts for coking coal with more than 50 China's steel and coke enterprises, with a total volume of 89 million tons of coking coal, which was accounted for 60% of China's coking coal supply and demand contracts. This has created the best level of history since the medium- term and long-term cooperation among coal, coke and steel.
 
In recent years, Shanxi Coking Coal Group has been striving to build a coal-coke- steel destiny community by implementing the marketing model of “medium-term and long-term cooperation agreement on purchasing and sales of coking coal”, boosting the application of coking coal price index, and jointly creating three engines of China coking coal brand clusters.
Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-16
Shuozhou 5200 435 0 FOR 06-16
Ordos 5500 415 0 ex-mine 06-16
Yulin 6200 535 0 ex-mine 06-16
Liulin Low-sulphur 560 -10 ex-mine 06-16
Gujiao Low-sulphur 1095 0 FOR 06-16
Xingtai Low-sulphur 1210 0 ex-Factory 06-16
Yangquan PCI 770 0 FOR 06-16
Index RMB/t WoW WoW% Date
Qinhuangdao 620.0 -38.0 -5.78 06-12
Caofeidian 528.0 -39.0 -6.88 06-12
Huanghua 178.3 -12.0 -6.31 06-12
Guangzhou 290.0 13.0 4.69 06-12
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
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