Affected by factors such as temperature and climate changes, crude oil price fluctuations, agricultural production progress, and construction progress in April 2023, coal prices in Inner Mongolia will decrease month-on-month. According to the data from the production materials market monitoring system of the Ministry of Commerce, in April, the average price of coal in Inner Mongolia was 845.99 yuan/ton, a month-on-month decrease of 2.2%, and a decrease of 9.9% compared with the same period last year (hereinafter referred to as the same period). Among them, the average price of anthracite No. 2 washed lump coal was 841.02 yuan/ton, a month-on-month increase of 0.5%, and a year-on-year decrease of 15.2%; A decrease of 3.5%; the average price of one-third of coking coal was 949.34 yuan/ton, a decrease of 4.7% month-on-month and a year-on-year decrease of 8.6%.
The Department of Commerce of the Inner Mongolia Autonomous Region stated that in April, the operating rate of coal enterprises increased, and the market supply capacity increased. As the temperature rises, the purchase of heating enterprises decreases. The off-season of seasonal demand leads to a drop in daily consumption of power plants, and weak demand in the downstream market. The overall market is dominated by wait-and-see, transaction activity is sluggish, and some traders and terminal purchases have slowed down, which jointly drove the month-on-month drop in coal prices. It is expected that the coal market will be stable in the near future, and prices will fluctuate.
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