Inner Mongolia coal prices edged up slightly in July
Time:2020-08-11 16:31:10 Source:CCTDCOAL
According to Inner Mongolia Development and Reform Commission, the price of thermal coal at mine mouths and the purchase price of thermal coal both edged up slightly in July.
In July, the average settlement price of thermal coal at mine mouths in the region was 230.95 Yuan/mt in July, up 3.33% compared with that of June, and up 7.29% compared with that of July of 2019.
Among them, the average settlement price of lignite at mine mouths in the eastern region was 215.77 Yuan/mt, up 0.59% compared with that of June, and up 18.40% compared with that of July of 2019. The average settlement price of thermal coal at mine mouths in Ordos was 259.44 Yuan/mt, up 11.46% compared with that of June, but down 3.91% compared with that of July of 2019.
The average purchase price of thermal coal in Inner Mongolia was 211.75 Yuan /mt in July, up 0.22% compared with that of June, and up 5.24% compared with that of July of 2019. After conversion to standard coal (7000 Kcal/Kg), the average purchase price was 422.32 Yuan/mt, up 0.42% compared with that of June, and up 6.77% compared with that of July of 2019.
Among them, the average purchase price of thermal coal in the eastern region was 215.82 Yuan/mt, up 0.31% compared with that of June, and up 12.82% compared with that of July of 2019. The average purchase price of thermal coal in the western region was 208.49 Yuan/mt, up 0.14% compared with that of June, and up 0.65% compared with that of July of 2019.
In the short term, coal prices will be high and stable. On the one hand, with the decrease of rainfall weather and the high temperature weather, the demand has picked up. On the other hand, the high inventory of ports and power plants has reduced the enthusiasm of short-term purchase. The combination of demand driving and restraining factors has led to the relatively stable price.
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