Thermal Coal Market Report September 2015
2015-10-09 18:39:46 【Print】
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The domestic thermal coal market remained weak this month
. Although the prices of thermal coal were steady in Inner Mongolia, Shanxi, Shaanxi, Shandong, Hebei, Anhui and Heilongjiang, but the market saw a few deals . The price of thermal coal at north ports dropped slightly this month . The prices of Indonesian thermal coal and Australian thermal coal were unchanged, but there still not many deals were concluded on the market . More than 90% of coal enterprises are losing money at present . And they would rather reduce output than lower their prices right now . What’s more, the price of thermal coal is almost at its lowest level currently . The reservation of thermal coal for winter heating begins in Northeast China, but the demand is still weak on the whole, and there is no support to raise the price of thermal coal, so a comprehensive analysis suggests that prices of thermal coal will be stable next month .