1. Weekly price trend
2.2019-2022 First-line main focus CFR price import coal trend chart
3. Compared with the beginning of the month\early of the year
4. Weekly export coke trend
5.PLV China's CFR price benchmark
6. A brief comment
According to Platts price index data, as of October 28 (Friday), the Australian Fengjing Coal FOB price was US$312, up US$11.5 from last Friday, and the CFR price was US$330.1, up US$10.65 from last Friday, up US$40.45 from the beginning of the month;
first-tier main coking coal FOB price is US$311.5, up US$12.5 from last Friday, CFR price is US$305, down US$2 from last Friday, down US$3 from the beginning of the month, Jingtang Port Depot raised the price by 2,700 yuan, down 50 yuan from last Friday;
1 second-tier main coking coal FOB price is US$293, up US$12.5 from last Friday, CFR price is US$257, down US$2 from last Friday, down US$3 from the beginning of the month, Jingtang Port Depot raised the price by 2,350 yuan, down 50 yuan from last Friday.
This week, the changes in imported coking coal prices continued to differentiate, with the first-tier coking coal FOB price rising by US$12.5 to the Chinese CFR price falling by US$2. The "warm wind" of rising FOB prices has not blown to China. Chinese steel mills still insist on production in the context of continuous compression of profit , and their losses continue to increase. On the one hand, it shows that the losses are not enough to reduce production. On the other hand, it also shows that steel mills will become more and more cautious about raw material procurement in the future, and the demand for sea coal purchases is getting lower and lower due to transportation periods and prices. However, changes in international coking coal demand are still caused by the expectations of Australia's climate, the terminal has not changed, and market sentiment will remain pessimistic in the future.