Some coke enterprises in Shanxi Jinzhong suspend collection of advance payment

The coke market is running steadily for the time being. Due to sufficient pre-orders and excessive advance receipts, some coke enterprises in Shanxi Jinzhong have suspended the collection of advance payments, and have the fourth round of increase intention recently. Coking profit is good and coking plant depot is running at a low level. The overall coke inventory of downstream steelmakers declined slightly, while the inventory of individual steelmakers in Shandong recovered. Due to the good acceptance of price adjustment and the demand for replenishment, some coke enterprises will continue to raise their prices, and the coke steel market will be upgraded in the later stage. Shanxi Province has deliberated and adopted the "Looking Back" and the feedback rectification plan of the special supervision of air pollution prevention and control in Shanxi Province to implement the central ecological environment protection supervision, and to pay attention to the impact of the later period on the coking industry. On the port side, due to the impact of the upcoming cargo market, port futures companies are more active in purchasing. Most quasi-one-guarantee quotations are over 2170 CNY/ton. In recent years, Rizhao Port has a relatively small harbour volume and relatively concentrated shipment, with a small decline in coke inventory, while Dongjiakou Port has a stable high inventory. Some traders are bullish about stockpiling in the future.

In the aspect of coking coal, coking profit rose again, coking enterprises started to maintain high level, and the demand for raw coal was good. Some coking enterprises'coking coal stocks gradually rose. Coal mines of origin have contracted slightly due to their own factors and environmental protection. In the near future, the coking coal market has maintained a stable, moderate and strong trend.

Last weekend, the price of Tangshan plain billet increased by 10 yuan compared with the previous day. Some local steel mills and some Changli steel mills reported 3610 yuan. Cash included tax, which was 40 yuan higher than the price shock at the end of April. As of 24 th, the price of HRB400 20MM in Shanghai market was 4090 yuan, down 20 yuan from the previous day and 50 yuan since May.