Shanxi Coking Coal Prices Stable

It is reported that Shanxi coking coal market has been stable recently. With the autumn holiday gone, production is being resumed steadily, and the price of coking coal remains stale. Demand for coking coal has increased as the steel market has just shown a little improvement.

In Hebei province, more deals have been made in the coke market than before, though the coke price has remained unchanged in the past week. In Taiyuan, Shanxi province, the ex-factory price of clean coal price remains at CNY 1,120 per tonne to CNY 1,150 per tonne. In Xinzhou, the clean coal ex-factory price remains at CNY 1,200 per tonne to CNY 1,250 per tonne. In Linfen, where the resumption of coal production has been comparatively slow, the clean coal ex factory price has stayed at CNY 1,250 per tonne to CNY 1,300 per tonne. As coking coal resources are tight, price of coking coal still remains robust.

Generally speaking, coke plants still suffer from high production costs, for the coking coal price remains high. The coking coal market is expected to be flat in late October with price stable as a whole.

Source: Steel Guru