According to the monitoring of the business agency, on November 30, the coking coal market in North China was about 1416.67 yuan / ton, and on December 7, the average market price was 1433.33 yuan / ton, up 1.18%, down 1.17% from the same period last year. The price of coking coal is relatively strong.

The commodity index of coking coal on December 6 was 105.78, unchanged with yesterday, down 12.96% from 121.53 (March 12, 2019), and 135.54% higher than the lowest point of 44.91 on January 28, 2016. (Note: period refers to 2012-09-01 to now)

According to the business association, the supply guarantee policy has been promoted, but with the frequent occurrence of coal mine accidents, the safety production signal at the end of the year has been enhanced, and the supply guarantee policy has been promoted, the supply of coking coal has decreased. The coking coal is mainly operated in strong condition.

Demand: on the downstream side, the coke market was relatively strong on July 7. The eighth round of increase of 50 yuan / ton was gradually implemented. Today, Shandong, Hebei, Shaanxi, Henan and other places landed, with an accumulated increase of 400 yuan / ton. Under the influence of environmental protection supervision, the operating rate in some areas of Shanxi has dropped to about 40%. In addition, the plan of de capacity in Henan and Hebei is steadily advancing, and the coke supply is slightly tight in the near future. In terms of ports, the two ports in Shandong are relatively strong in operation and have a good market mentality. Today, the ex warehouse price of quasi first grade coke is 2360 yuan / ton. Port inventory increased slightly.

According to the coking coal analysts of the business association, the ports in Shandong are relatively strong in operation, and the market mentality is good. Today, the spot exchange ex warehouse price of quasi first grade coke is 2360 yuan / ton. The game between coke and steel continues, some steel mills accept the increase, and the coke enterprises have high enthusiasm for production and purchase of coking coal. Generally speaking, it is expected that coking coal will be mainly operated in a short term or strong way in the short term.