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Since October, Shenhua Coal has launched preferential programs twice, and coal industry analysts predict that it will be difficult to get rid of the "cold winter period"
in the fourth quarter of this year.
Shenhua implements a preferential price of 6.
8 cents per ton for the purchased coal blended "Shenyou" series
.
The quality of "Shenyou" and the well-known Shenhua self-produced coal "Shenmix" series is not much different, but the price of 5500 kcal and 5000 kcal is 16 yuan / ton and 10 yuan / ton
cheaper respectively.
According to Shenhua insiders, the "Shenyou" series of coal launched this time is purchased blended coal, and the coal type is Mongolian coal, and the sulfur content is below
0.
6%.
People in the coal industry pointed out that the quality of the "Shenyou" series and Shenhua's self-produced coal "Shenmixo" series is not much
different.
At present, the preferential price of the "Shenyou" series is set at 6.
8 cents per ton.
After conversion, the closing price of "Shenyou" 5500 kcal was 374 yuan / ton, and the "Shenyou" 5000 kcal was 340 yuan / ton, respectively, down 16 yuan / ton and 10 yuan / ton
compared with Shenhua's self-produced coal "Shenmix" series with the same calorific value.
For Shenhua's repeated helpless price cuts since October, coal industry analysts made a more pessimistic analysis: unless the state introduces major economic stimulus policies, or extremely cold weather occurs this winter, it will still be difficult for the domestic coal market to get out of the current downturn in the fourth quarter of this year
.
Shenhua insiders said that the "Shenyou" series of offers launched last week were limited in supply, and they will no longer be limited after entering this week
.
However, if downstream users want to purchase the "Shenyou" series, they need to purchase the same amount of Shenhua's self-produced coal
.
A person from a power plant in East China revealed that Shenhua's additional conditions for the power plant to enjoy a preferential price of 374 yuan / ton have actually been reduced
.
Deng Shun, an analyst in the coal industry of Anxunsi, believes that a series of adjustments to coal prices since October show that Shenhua's recent sales are not good, and the pressure to complete the annual sales task is
greater.
According to the main operating data released by Shenhua in September, from January to September 2015, Shenhua's coal sales fell sharply by 18.
3%
year-on-year.
Recently, it was originally the traditional coal consumption season, coupled with the autumn maintenance of the Daqin Line, coal prices will appear a wave of upward market during this period
.
However, since October this year, the four major domestic coal companies have taken turns to reduce prices, indicating that the coal market is facing unprecedented pressure
.
Since October, Shenhua Coal has launched preferential programs twice, and coal industry analysts predict that it will be difficult to get rid of the "cold winter period"
in the fourth quarter of this year.
Shenhua implements a preferential price of 6.
8 cents per ton for the purchased coal blended "Shenyou" series
.
The quality of "Shenyou" and the well-known Shenhua self-produced coal "Shenmix" series is not much different, but the price of 5500 kcal and 5000 kcal is 16 yuan / ton and 10 yuan / ton
cheaper respectively.
According to Shenhua insiders, the "Shenyou" series of coal launched this time is purchased blended coal, and the coal type is Mongolian coal, and the sulfur content is below
0.
6%.
People in the coal industry pointed out that the quality of the "Shenyou" series and Shenhua's self-produced coal "Shenmixo" series is not much
different.
At present, the preferential price of the "Shenyou" series is set at 6.
8 cents per ton.
After conversion, the closing price of "Shenyou" 5500 kcal was 374 yuan / ton, and the "Shenyou" 5000 kcal was 340 yuan / ton, respectively, down 16 yuan / ton and 10 yuan / ton
compared with Shenhua's self-produced coal "Shenmix" series with the same calorific value.
For Shenhua's repeated helpless price cuts since October, coal industry analysts made a more pessimistic analysis: unless the state introduces major economic stimulus policies, or extremely cold weather occurs this winter, it will still be difficult for the domestic coal market to get out of the current downturn in the fourth quarter of this year
.
Shenhua insiders said that the "Shenyou" series of offers launched last week were limited in supply, and they will no longer be limited after entering this week
.
However, if downstream users want to purchase the "Shenyou" series, they need to purchase the same amount of Shenhua's self-produced coal
.
A person from a power plant in East China revealed that Shenhua's additional conditions for the power plant to enjoy a preferential price of 374 yuan / ton have actually been reduced
.
Deng Shun, an analyst in the coal industry of Anxunsi, believes that a series of adjustments to coal prices since October show that Shenhua's recent sales are not good, and the pressure to complete the annual sales task is
greater.
According to the main operating data released by Shenhua in September, from January to September 2015, Shenhua's coal sales fell sharply by 18.
3%
year-on-year.
Recently, it was originally the traditional coal consumption season, coupled with the autumn maintenance of the Daqin Line, coal prices will appear a wave of upward market during this period
.
However, since October this year, the four major domestic coal companies have taken turns to reduce prices, indicating that the coal market is facing unprecedented pressure
.
