Downfall Of Thermal Coal Price Loaded At Qinhuangdao For The 1st Time In 2 Months-Coal stocks close to 7 Mil MT again-

摘要

Thermal coal price for the domestic market of China loaded at Qinhuangdao fell down for the first time in two months. At the current price level, that of Datong coal (5800 kcal/kg) remains 126.5 US dollars to 128.5 US dollars FOB or so and that of Shanxi coal (5500 kcal/kg) 119.5 US dollars to 121.5 US dollars FOB or so. The range of drop is less than 1 US dollars from previous week. However, the price which was under strong tune for quite a while, turned suddenly downward.