Coking coal prices are strong this week (8.9-8.12). According to the monitoring of business society, the average market price at the beginning of the week was 2250 yuan / ton, and the average market price on August 13 was 2400 yuan / ton, with a price increase of 6.67% and a price increase of 77.34% over the same period last year. Coking coal prices are running at a high level.

On August 11, the commodity index of coking coal was 172.20, up 6.15 points from yesterday, a record high in the cycle, up 283.43% from the lowest point of 44.91 on January 28, 2016（ Note: period refers to 2012-09-01 to now)

According to the business society, in terms of supply, coking coal has maintained a strong trend in the near future. In terms of origin, the coal in origin has increased recently, but due to the impact of environmental protection inspection, the supply of coking coal in the main origin is still relatively tight, and some coal mines are dominated by early orders.

Demand: the price in the spot market is temporarily stable today, and the first round of increase is fully implemented. For coking enterprises, there are still production restrictions in Shanxi and Shandong, the local coke supply is slightly tight, and the inventory in the plant is generally low. Coking enterprises in other parts of China started actively, and production and sales were stable. The price of raw coal in the upstream is high, the profit of coking enterprises has declined to a certain extent, and the coke enterprises have a strong attitude of supporting the price. Downstream steel mills have stable demand for coke, the overall coke inventory is slightly low, and there is a demand for replenishment.

According to the coking coal analyst of business society, the coke price is strong, the purchasing enthusiasm of downstream steel mills is not reduced, and the coke still has a strong demand for replenishment of coking coal, supporting the expectation of raising coking coal. It is comprehensively expected that the coking coal price will be stable, medium and strong in the short term, depending on the downstream market demand.