Source: my coke COKE

Coke

The main results are as follows: 1. Before the festival, the raw material market shows a strong pattern, and the profitability of steel mills is OK, which supports the continuous resumption of hot metal production of blast furnace. with the arrival performance of three-round landing steel mills slightly improved, but the whole is still tight, as the profitability of supply-end coking continues to improve, production enthusiasm rebounded, coke began to be sold in the field and began to ship, and coke began to transfer downstream in the short term. In the later stage, we should pay attention to the results of supply circulation and the performance of steel prices after the festival.

2. The price of coke in Chifeng market is stable, and now quasi-first-class metallurgical coke A12Freetoplayearncrypto.5, S0.7, CSR60, Mt8 are quoted at 2020 yuan / ton, and other foreign metallurgical coke A13.5, S0.8, CSR65 and Mt8 are quoted at 1950 / ton, all of which are ex-factory price including tax.

3. The price of coke in Baotou market is stable, and now quasi-first-class metallurgical coke A < 13 ≥ S < 0.7 CSR CSR 60m Mt8 ex-factory acceptance includes tax 1800 yuan / ton.

4. The price of coke in Wuhai market is stable temporarily. At present, the price of secondary metallurgical coke A < 13.5, S0.8 is 1600 yuan / ton, and the local sales trader of coke enterprises is 1650-1700 yuan / ton, all of which are factory acceptance including tax prices.

5. The price of coke in Ordos market is stable temporarily. At present, the price of primary metallurgical coke A < 12.5,S0.7 is 1780 yuan / ton, that of secondary metallurgical coke A < 13.5 and S0.8 is 1600 yuan / ton, and the local sales trader of coke enterprises is 1650-1700 yuan / ton, all of which are factory acceptance including tax price.

6. The price of coke in Henan Xuchang market is stable for the time being. Now the first-grade metallurgical coke A12.5, S0.7, CSR65, MT0 is 2120 yuan / ton, the ex-factory price cash includes tax.

Coking coal

The main results are as follows: 1. The coking coal market is running stably. After replenishing the stock in the early stage, the raw material inventory level of coke enterprises has been improved. In view of the post-holiday market uncertainty, coke enterprises wait and see for high-priced resources, and the market price sentiment has cooled down. However, due to low coal mine inventory and pre-sale orders, the miners have a good mentality and prices are mainly stable. As for the import of Mongolian coal, due to the great pressure of inventory at the port, the customs clearance volume at Ganqimodu Port has declined in recent days. Approaching the May Day holiday, the activity of transactions at the port has decreased, and the price of Mongolian coal has dropped slightly. Now Mongolia 5 raw coal is about 1350-1380 yuan / ton, and Mongolia 3 clean coal is 1520-1530 yuan / ton.

2, Shanxi Lvliang medium sulfur main coking coal (A10S1.2V18-20G72) auction, starting price of 1600 yuan / ton, quantity of 10, 000 tons, and finally sold with 1750-1755 yuan / ton; last period (April 24, 2024), the starting price was 1600 yuan / ton, the quantity was 20, 000 tons, and finally sold at 1725-1730 yuan / ton.

3. Jizhong Energy Ruilong Coking Coal (A12.5S0.8V24-26G80) in Lvliang City, Shanxi Province, started at 1750 yuan / ton, the quantity was 2000 tons, and finally sold at 1780 yuan / ton; the last period (April 28, 2024) started at 1800 yuan / ton, the quantity was 2000 tons, and finally all failed.

4, Linfen City, Shanxi Province, Fei Raw Coal (S4V27-32G95Y36) auction, starting price of 1050 yuan / ton (excluding tax), quantity of 50, 000 tons, and finally sold at 1225-1230 yuan / ton; last period (April 24, 2024) starting price of 1050 yuan / ton, quantity of 40, 000 tons, and finally sold at 1245-1250 yuan / ton.

5. The auction of lean coal (A8 S0.55 V16 G70) in Changzhi City, Shanxi Province, starts at 1850 yuan / ton with a quantity of 50, 000 tons, and is finally sold at 1910-1920 yuan / ton. The last period (April 23, 2024) started at 1850 yuan / ton, with a quantity of 50, 000 tons, and finally sold at 1900-1905 yuan / ton.

6, Luliang City, Shanxi Province, gas raw coal (internal ash 6S1.2 V35G55) auction, the starting price of 680 yuan / ton, the quantity of 40,000 tons, and finally sold at 690-735 yuan / ton; last period (April 23, 2024), the starting price was 650 yuan / ton, the quantity was 20,000 tons, and finally sold at 720-725 yuan / ton.

7, Linfen City, Shanxi Province, Fei Raw Coal (A30-35 S2.5 V18-23 G95-98) auction, starting price of 1080 yuan / ton, the quantity of 35000 tons, and finally all failed auction; the last period (April 26th, 2024) started at 1080 yuan / ton, the quantity of 10, 000 tons, and finally sold at 1082-1083 yuan / ton.

8. Linfen City, Shanxi Province, 1gamma 3 coke raw coal (internal ash 5.61S0.45V35.5 G86) auction, the starting price of 980yuan / ton, the quantity of 15000 tons, and finally sold at 983,986 yuan / ton; the last period (April 23, 2024) started the auction price of 950yuan / ton, the quantity was 15000 tons, and finally sold at 983,986 yuan / ton.

Power coal

1. In terms of origin, at the end of the month, the monthly production tasks of some coal mines have been suspended and reduced, and the overall supply has been tightened. At present, metallurgical and chemical industries and other stocks are well prepared, production and sales of most coal mines are balanced, and prices are strong. In addition, affected by the rebound of the port, some trade inquiries have improved, a small number of cost-effective coal mines have significantly increased, prices have risen slightly, and the late trend of the mining side has paid more attention to the release of demand next month. In terms of ports, the market sentiment in Beigang has eased somewhat, the upstream wants to raise the price, but there is not much demand downstream, there are only a small number of Anchorage ships and empty orders to inquire about goods, and the transaction is not much. Market participants believe that the pre-holiday purchase demand is over, focusing on post-holiday inventory and daily consumption. On the import side, the import market was calm, the foreign market was not active at the weekend, the domestic terminal bid was less, and the price of imported coal was stable. Recently, some power plants have won the bid (CV4600) 660 yuan for Australian coal and 538 yuan for (CV3800) Indonesian coal. Importers said that at present, the imported coal of medium and high cards is seriously upside down, the bid price of medium and high cards is on the high side, and the market has won fewer bids, but the domestic trade market has strengthened recently, and it is difficult for imported coal to fall in the short term.

2. The price of coal in Yulin area of Shaanxi Province has been reduced steadily and slightly, and the price of some coal mines has been reduced by about 10 yuan. The foaming coal (CV6200,S0.5) pit mouth of a coal mine includes a tax of 780 yuan per ton, which is reduced by 10 yuan. The coal mine said that at the end of the month, a small number of coal production capacity was suspended, the supply was tight, the replenishment of the downstream coking customers was completed, the procurement decreased, the prices of individual mines were slightly reduced, most of the coal mines in production were good, the production and marketing were basically balanced, and short-term prices changed little, paying attention to the changes in market supply and demand after the holidays.

3. The coal price in Ordos region has risen steadily and slightly. The foamed coal (CV5500,S0.28) pit mouth of a coal mine contains tax of 630 yuan per ton, up 10 yuan, the production capacity of the coal mine has increased at the end of the month, the overall supply has been tightened, and the current procurement demand for metallurgy and chemical industry is stable. Driven by the continuous small rise in the port, some platforms and long-distance customers have demand for replenishment, some high-quality coal coal mining vehicles are not reduced, and the prices of a few types of coal have risen slightly. In the later stage, we should pay more attention to the changes of supply and demand after the festival.

4. With the holiday approaching, the trading atmosphere of the port market along the Yangtze River is cold, the quotation of traders is strong, the downstream demand is weak, and the purchase is mainly price reduction, so it is difficult to close a deal. Some market participants said that the pre-holiday demand for empty orders is basically completed, and the terminal demand is still poor, but at present, shipping costs are high, traders are not willing to ship goods at low prices, prices are difficult to fall, and it is expected that the market will run in a short period of time.

5, the stable operation of coal prices in northern Shanxi Province, a coal mine foam coal (CV5000,S0.8) pit mouth contains a tax of about 580 yuan / ton, driven by the recent port price increase, some coal plants and platform transport demand has slightly improved, the current cost-effective coal mine traffic is large, the overall demand is relatively limited, the end of the month holiday is approaching, the market is expected to be relatively calm, the mining side pays more attention to the port transaction and terminal demand next month.

6. The price of raw coal in Changzhi area of Shanxi Province has risen, and the tax of raw coal (CV5700,S0.4) in a coal mine is 901 yuan per ton, which is larger than that at the beginning of this month. The coal mine said that driven by the improvement of the coking market, the raw coal in Changzhi area shipped well, the price increased greatly, the coal mine basically balanced production and marketing, the recent transportation of the power plant was not active, and the sales were mainly in the surrounding coal preparation plants and coking terminals, and there was no downward pressure on prices in the short term.

Forward and current price difference

Industry news

1. According to CCTV news, on April 28 local time, the Russian government said it had decided to abolish export duties on thermal coal and anthracite from May 1 to August 31 this year. The decision is aimed at supporting domestic coal industry enterprises.

2. BHP Billiton is considering raising its bid for Anglo American, which could be made in the coming weeks, according to people familiar with the matter. Discussions are still ongoing and BHP Billiton has not yet made a decision on the size and structure of the new plan, the source said. BHP Billiton said it did not comment on "rumors and speculation".

3. The National New Energy consumption Monitoring and early warning Center released the national consumption of new energy connected to the grid in March 2024. The utilization rate of photovoltaic power generation was 96.4% in March, up from 93.4% in February. Among them, the photovoltaic utilization rate of Shanghai, Jiangsu, Zhejiang, Anhui, Fujian, Chongqing, Sichuan and Guangxi provinces reached 100%. The utilization rate of photovoltaic power generation from January to March was 96.0%.

4. According to the statistics of the World Iron and Steel Association, the output of blast furnace pig iron in 37 countries and regions in the first quarter of 2024 was 318 million tons, down 1.4% from the same period last year. In 2023, the output of blast furnace pig iron in these 37 countries and regions accounted for 98.25% of the global output. In the first quarter of 2024, blast furnace pig iron production in Asia fell 2.1 per cent year-on-year to 265 million tons. Of this total, Chinese production fell 2.9 per cent year-on-year to 213 million tonnes, India 3.4 per cent to 22.435 million tonnes, Japan 1.8 per cent to 15.393 million tonnes and South Korea 0.9 per cent to 10.995 million tonnes.

5. Zhang Xing, deputy director and spokesman of the General Department of the National Energy Administration, said at a news conference that since the beginning of this year, electricity consumption has continued to grow rapidly, with the whole society consuming 2.34 trillion kilowatt-hours in the first quarter. It is expected that during the summer this year, the national power load will also grow rapidly, and the maximum load will increase by more than 100 million kilowatts compared with the same period last year. According to a comprehensive study, during the peak summer period this year, the national power supply is generally guaranteed, and there may be a shortage of power supply in some areas during the peak hours, mainly in Inner Mongolia and some provinces in East China, Central China, Southwest and South China. In the event of extreme and disastrous weather, the shortage of power supply may be further aggravated.

6. On April 26, the Development and Reform Commission of Shanxi Province issued a circular on improving the sharing and settlement of electricity charges for the capacity of coal-fired power units. The notice makes it clear that the electricity charges for the capacity of coal-fired power units shall be fairly shared between the outward transmission and the province. Among them, the sharing part of the delivery will be collected together with the provincial electricity charges sent out by the Shanxi power grid. The total amount of shared capacity electricity charges in the province = the total capacity electricity charges of all coal-fired power units included in the scope of capacity electricity prices after the assessment of the current month-the total amount of capacity electricity charges for delivery. At the same time, when coal-fired power units are encouraged to participate in inter-provincial and inter-regional transactions, under the condition of full consensus between the two sides of the transaction, the responsibility for performance and the corresponding calculation method of capacity electricity charges shall be agreed separately.

7. According to the State Administration of Mine Safety Supervision on April 28, the State Mine Safety Supervision Bureau, the Ministry of Emergency Management, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, the Ministry of Finance and the Ministry of EducationFreetoplayearncryptoThe guidance on further promoting mine intelligent construction and promoting mine safety development has been issued and issued recently. It is clear that by 2026, a complete intelligent standard system for mines will be established, the fusion and interworking of mine data will be promoted, and the intelligent perception of environment, intelligent linkage of system and intelligent early warning of major disaster risks will be realized. the proportion of intelligent production capacity of coal mines in China is not less than 60%, the number of intelligent working faces is not less than 30%, and the normal operation rate of intelligent working faces is not less than 80%. The replacement rate of intelligent equipment or robots for dangerous and heavy posts in coal mines and non-coal mines is not less than 30% and 20% respectively, the number of underground workers in mines across the country has been reduced by more than 10%, and a number of intelligent mines with no more than 50 workers per shift have been built. By 2030, we will establish a complete mine intelligent technology, equipment and management system, realize the deep fusion and shared application of mine data, promote the undermanned and unmanned mining operations, effectively prevent and control major safety risks, and greatly improve the essential safety level of mines.