We are mandate, of a large mining consortium
As we are direct representatives, it facilitates commercial dialogues and allows us to offer the following products.
- Thermal coal type A and type B. (MOQ 30,000 Mt)
- Anthracite coal or black coal. (MOQ 15,000 Mt)
- Metallurgical coal or coking coal. (MOQ 20,000Mt)
Buyers interested in these products send a message or request.
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BRIEFING (October 21, 2020): Coke and Coal
Analysis on Market and Trading Tips
Keys Points: From Monday to Tuesday, price of domestic metallurgical coke and coking coal went up amid stabilities; that of PCI and thermal coal was stable; purchase price of PCI by steel mills went up and down.
Met Coke: Several steel mills which priced in the second half of month in Southwest China accepted 50-yuan hike put forward by coking plants. Representative coking plants in Shanxi, Hebei and Shandong started the fifth round of price hike and requested a 50-yuan hike since October 20, to which steel mills did not respond yet.
Coking plants had no inventory and that at ports was also declining, making it difficult for steel mills to replenish stock.
Blast furnace operating rate of steel mills was high, indicating strong demand. Meanwhile, strict implementation of de-capacity in Shanxi boosted price as well.
By the end of October, 5.6mn t of capacity was confirmed to be exited with newly added capacity of 750,000 t. 6.2mn t of capacity in Linfen, Yuncheng and Lvliang was asked to be diminished, which needed to follow up.
It is expected that metallurgical coke price will stay at a high level for a short term.
Table 1: Price of Domestic Standard I Grade Metcoke in Spot Market (yuan per ton)
Coking Coal: Price of low-sulfur coking coal in Linfen, Shanxi rose by 20 yuan, and was stable at 1350-1370 yuan/t (bank acceptance); that of high-moisture coal increased by 20 yuan to 1360 yuan/t, total growth in September reaching 100 yuan. Price of raw coal went up by 20 yuan to 820 yuan/t, up 70 yuan in total.
Quotation of imported coal kept falling; that of I grade coking coal dropped by $19.5 to $129-130 per ton in October; that of standard I grade coking coal declined by $2.5 to $119.5-122 per ton.
Metallurgical coal or coking coal is used in the process of creating coke necessary for iron and steel-making. Coke is a porous, hard black rock of concentrated carbon that is created by heating bituminous coal without air to extremely high temperatures
We are producing the Foundry Metalurgical Coaking Coal in Kazakhstan and can supply up to 5000 tons per month to China only. Our price is 310$ per tonn on DAP Dostyk.
Country of Origin: Mongolia
Seller: Energy Resource LLC (Mongolian State Coal Company)
Current product location: China, Ganqi Maodu Port Coal Yard
Quantity: 600,000 tons
Price: 94$/MT
It is a special supply at a very low price, and the deal method is as follows.
-Buyer submits LOI
-Mongolian Seller notifies Seller of schedule for visit to Mongolian plant
-On that date, the seller visits Mongolia and sign contracts