Coking Coal Market Report June 2013
2013-07-04 17:45:48 【Print】
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Market review
Coking coal market saw widespread decline in the past as major domestic mines like Shenhua Group, Shanxi Coking Coal Group, Pingdingshan Coking Coal Group, Longmei Group, Jizhong Energy, Kailuan Group, Yankuang Group and Huaibei Mining lowered listed prices by RMB30-200/t, with listed prices down RMB50-100/t in Southwest China. Coking coal prices were also in decline at ports and the deprecation was in the range of RMB20-100/t. Downstream steel mills and coking plants continued to compress stocks with little interest in purchase. Deals kept quiet and mines faced increasing coking coal stocks.
Coking coal market saw widespread decline in the past as major domestic mines like Shenhua Group, Shanxi Coking Coal Group, Pingdingshan Coking Coal Group, Longmei Group, Jizhong Energy, Kailuan Group, Yankuang Group and Huaibei Mining lowered listed prices by RMB30-200/t, with listed prices down RMB50-100/t in Southwest China. Coking coal prices were also in decline at ports and the deprecation was in the range of RMB20-100/t. Downstream steel mills and coking plants continued to compress stocks with little interest in purchase. Deals kept quiet and mines faced increasing coking coal stocks.
