Coal market bottomed in 2015, coal prices continued to fall, the mine parties stocked up a large amount of coal,but were neglected.Severe market situation also makes a lot of small coal enterprises unable to support, because prices were too low, cost high, at that time, many small coal enterprises could only be forced out of business.According to historical data, Yulin coal trading center Yuyang district at the end of 2015 6000 kcal coal fell to its lowest 170 yuan/ton.
And from January 2016, after the coal to promote capacity, coal production decline, coal supplies tighten, prices rebounded.Till July, Yuyang district coal prices have climbed 50 yuan/ton, at the end of the average price of 233 yuan/ton.Moreover, Inner Mongolia, Shanxi and other major thermal coal producing area of coal price keeps rising, Shandong, Hebei, Henan and coastal ports prices rose more than leading producer price level.Till August 3rd, Qinhuangdao 5500 kcal coal prices rose to 440 yuan/ton, and early with specifications and prices for 365 yuan/ton, rised 75 yuan/ton.