According to the monitoring data of the business community, the price of steam coal was weak this week. On November 6, the energy index was 1159 points, unchanged from yesterday, 25.75% lower than the highest point 1561 points (2021-10-21) in the cycle, and 126.81% higher than the lowest point 511 points on March 1, 2016. (Note: the cycle refers to the period from December 1, 2011 to the present)

In terms of production area, the price of steam coal is weak, and its operation is affected by public health events and safety production reduction, so the price of steam coal drops slightly. Affected by public health events, prices in some areas of Shanxi have risen and fallen at the same time. At present, there are few long-distance coal hauling vehicles, and the market is mainly wait-and-see.

In terms of downstream ports, traders’ quotations are weak, and they mainly take a wait-and-see attitude. In addition, the shipment volume of Daqin Line is still limited due to maintenance. Downstream customers are generally motivated to pick up goods, with few deals, and generally accept high prices. Prices are under pressure.

According to the data released by the National Bureau of Statistics on November 4, the trend of national coal prices in late October was divided. The specific price changes of various coals are as follows: the price of anthracite (washed block, volatile matter ≤ 8%) is 1937.1 yuan/ton, down 3.6 yuan/ton from the previous period, or 0.2%. The price of ordinary blended coal (the blended coal of Shanxi pulverized coal and lump coal, with calorific value of 4500 kcal) is 1183.8 yuan/ton, up 36.7 yuan/ton or 3.2% compared with the previous period. The price of Shanxi Dahun (blended coal with good quality and calorific value of 5000 kcal) was 1378.0 yuan/ton, up 35.9 yuan/ton or 2.7% compared with the previous period. The price of Shanxi Youhun (a high-quality blended coal with a calorific value of 5500 kcal) was 1583.8 yuan/ton, up 38.8 yuan/ton or 2.5% from the previous period.

According to the analysts of the business community, the market transaction of steam coal in the origin area is relatively ordinary due to the impact of safety inspection and public health events. In terms of downstream ports, the downstream is still mainly wait-and-see for steam coal, generally accepting high prices, and the market is deadlocked. It is comprehensively predicted that the price of steam coal will be dominated by weak operation, depending on the downstream market demand.