The composite price of all thermal coal grades averaged 398.81 yuan/t last month in northern China's Inner Mongolia, up 0.05% from June and 4.37% from July 2021, data showed from the regional economic planner.

By area, the mine-mouth prices of lignite in the east Inner Mongolia averaged 331.79 yuan/t, up 0.98% from June and 18.8% from July 2021; the mine-mouth prices for thermal coal averaged 600 yuan/t in Ordos, down 0.83% month on month and 5.88% year on year.

By calorific value, the mine-mouth prices averaged 368.06 yuan/t, 462.33 yuan/t, 620 yuan/t and 680 yuan/t, respectively for 3,800 Kcal/kg, 4,500 Kcal/kg, 5,000 Kcal/kg and 5,500 Kcal/kg NAR thermal coal grades.

The 3,800 Kcal/kg price rose 1.12% from June, while 4,500 Kcal/kg price dropped 0.37%, and 5,000 Kcal/kg and 5,500 Kcal/kg prices were flat from the month earlier. On a year-on-year basis, the 3,800 Kcal/kg price increased 15.57% while 4,500 Kcal/kg, 5,000 Kcal/kg and 5,500 Kcal/kg prices declined 5.74%, 3.13% and 8.11%, respectively.

Looking this month, the regional economic planning agency expected the coal prices to remain range-bound in a narrow range.

While the hot days remain in August, high coal production and increasing coal stockpiles at power plants will ease the price's upward pressure, it said.

(Writing by Alex Guo  Editing by Tammy Yang)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article

Connect with us