August 31, the Commodity data business Business (100ppi.com) released July BCI data of 0.22, both rose to 0.39%, reflecting that the manufacturing economy in the month of expansion than last month, the expansion momentum is growing, the economic stability signs. 1, energy sector Overview According to the commodity Data Business (100ppi.com) Price monitoring, August 2012 Energy 11 price ups and downs in a total of 9 products, of which more than 5% of the merchandise a total of 4, accounting for the list of the number of monitored goods 36.4% The top 3 of the commodities were MTBE industrial grade (7.43%), fuel oil (6.4%), Diesel (5.89%). A total of 2 products fell on the chain, of which more than 5% of the total 2 products, accounting for the list of the number of monitored goods 18.2%, before the decline of 2 of the commodity is Coke (-21.11%), coking coal (-12.17%). The price of this month is 0.14%. The August energy market has the following characteristics: 1 August Energy products continued to rebound in July, but the average price to 0.14%, indicating that the energy market demand is still inadequate; this month, energy products fell a small decline, the biggest decline in products more than 21%, and the largest increase of only 7.43%. 2, char industry chain differentiation, 5500 kcal Bohai Power Coal Price index experienced a continuous 13 consecutive weeks of decline, three consecutive weeks of flat, finally ushered in the first rebound, the end of the month reported to 627 yuan/ton. Coke again fell 21.11% in August, at a price of 1317.5 yuan/ton, a new low since 2010, at the top of the decline in energy. 3, the oil industry chain ushered in the red August, August 10 domestic product prices three even after the first increase, with the international crude oil shocks higher, the three crude oil change rate continued upward, refined oil two price adjustment is expected to reflect in advance to the market, main, the smelting are taking the opportunity to push up prices. As of August 29, China's commodity supply and Demand Index (BCI), at 0.22 per cent, rose to 0.39%, reflecting a growth in the manufacturing economy in the month, a trend of expansion and a stabilisation of the economy. Miao Xihua, analyst at the business community's energy division, said the August increase in the number of energy markets was 32.73% higher than last month, which coincided with the BCI Index this month, with a clear energy market. Refined oil "Three even fell" after the first increase, and the three crude oil change rate on 22nd again broken four, refined oil in September to raise the basic certainty, just a matter of time, the estimated extent of 400-450 yuan/ton. 5500 kcal in the Bohai Sea Power Coal Price index 16 weeks after the first rally, although only 1 yuan/ton, but as of August 28, Qinhuangdao port coal inventory from July 30 8.285 million tons back to 6.384 million tons, down 22.9%, clear. Overall, the August energy market buying and selling atmosphere gradually improved, but the current domestic economy is still hovering at the bottom, the energy market operating environment has not been fundamentally improved, estimated 9Monthly energy market is difficult to show "Golden Nine" market. Business: Coke prices repeatedly hit a new low to meet the "golden Nine" current coking market can only be described as "miserable". Business Club Large list of data shows that the Coke spot market has been falling for several weeks, the current domestic coke market price of 1317.5 yuan/ton, the lowest price since 2010, this price differs from November 2008 prices is not large, the entire August coke spot price down 21.11%. Since the four quarter of last year, Coke spot continued low operation, the current price in 1300 yuan a line of shocks, prices continue to paint a new low. Business Society Energy Division Coke Analyst Lu Diffuse introduction, coke pricing capacity is weak, subject to downstream demand. The current acceleration of steel prices has seriously dragged down the price of Coke. Coke market has been in oversupply situation, weak downstream demand, more and more steel mills began to consider production. If the reduction in production further, will further weaken the demand for Coke procurement. Coke production has not decreased compared with the demand reduction. National Bureau of Statistics shows that July this year, China's coke production of 37.352 million tons, an increase of 1.2%. 1-July coke production of 262 million tons, an increase of 5.8%. According to 85% of Coke used in steelmaking, Coke supply surplus degree continues to increase. July 2012 China exports Coke and half coke 110,000 tons, January-July cumulative export coke and half coke 690,000 tons, compared with the same period last year, the cumulative 2.63 million tons reduced 1.94 million tons, a significant decline of 73.6%. China's coke exports in the world once accounted for more than 50% of the 2008 years ago, and the 08 export tariffs increased to 40%, Coke exports from the monthly export of 2 million tons, to the current 100,000 tons. Export restrictions have made the coking industry worse now. Data from the National Bureau of Statistics show that January-July, the domestic coking industry from the same period of profit to loss. Shandong, Shanxi and other ground Coke enterprise loss surface has reached more than 80%. At present, the coking industry has entered a high-risk period of capital, corporate losses are serious, cash flow is tense, Shandong province has some independent small coking plant closed. Lu diffuse that: in the continuing impact of supply and demand contradictions, as well as steel enterprises continue to lower prices dominated by the Coke market want to get out of a day is difficult, when the steel consumption off-season, steel mills procurement intention is weak, and its own limited maintenance efforts to increase the demand for Coke has also weakened. Coke September will still be a process to find the bottom, difficult to meet the "golden Nine."
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.