International hard coking coal price of a long association down

A sharp drop in international hard coking coal price confirms the coal industry vulnerable, but this did not make the domestic coking enterprises benefit much, the latter loss situation is still difficult to change.

BHP Billiton and Nippon Steel has been reached in 2013 3 quarter (7~9 months) hard coking coal long co contract price FOB quotation for 145 dollars / ton, down 27 U. S. dollars / ton than in the second quarter, fell to 15.7%. Australia to Japan and South Korea coking coal long association negotiation is global coking coal price benchmark.

China, Japan and South Korea occupy the leading position in the main demand of global hard coking coal in the country. Data shows, in 2012 Japan coal imports totaled 1.85 tonnes, up 5.7% from the year earlier. Japan imports after Chinese, become the world's second largest coal importer.

Coking coal senior analysts said to reporters, energy imports, especially the high cost of coal to Japan for eleventh consecutive months a trade deficit, so a short Japan intended to suppress the international coal market. South Korea steel market vulnerable to run, is difficult to support the purchase of high cost of coking coal.

But the domestic metallurgical coke price both futures and spot market has broken the 2012 September low. The spot price for Australia June 26th Platts, FOB price fell to 130 U.S. dollars / ton, hard coking coal to China CFR quotation for 142.5 dollars / ton, equivalent to RMB port tax price of 1025 yuan / ton.

Although the hard coking coal prices fell sharply, but it still did not reverse the domestic coking enterprise losses. A person Shanxi Meijin energy group is introduced, a by-product of large coking plant can loss of 150 yuan per ton, a small coking plant losses could reach more than 200 yuan per ton.

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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