In late July, the price of secondary coke continued to rise by 72.2 CNY/ton.

According to the latest data released by the National Bureau of Statistics on August 5, in late July, the price of coke (secondary coke) was set at 1816.5 CNY/ton, up 72.2 CNY/ton from the previous period, or 4.1%, for the first time since mid-June.

With the decline of coke price in late July, the profit of coke enterprises mostly remained low. In addition to the recent increase in purchasing by traders, the phenomenon of no inventory in coke enterprises of origin increased gradually, the sales situation of coke enterprises improved, and the market expectations strengthened. Some coke enterprises in Luliang, Jinzhong and Linfen of Shanxi Province raised the coke price by 100 CNY/ton.

A large coke enterprise in Hebei raised the ex-factory price of coke by 100 CNY/ton, and the rising area of coke enterprise was further expanded, and the rising intention was gradually strengthened. At the end of July and the beginning of August, with the marginal relaxation of production restriction, the blast furnace of Tangshan Iron and Steel Works gradually resumed production, the demand for coke improved, and the voice of the second round of coke increase increased.

However, considering that the blast furnace of Tangshan Iron and Steel Works has not completely resumed production, coke stocks in other regional steel plants have remained reasonably high, and the downstream steel mills have not yet responded, believing that the power of this round of increase is insufficient and most of them are on the lookout. From the supply side, the output of individual coke enterprises in Xuzhou area has been limited by 70% so far. Shanxi 100-day liquidation action superimposed on the Second Youth League is approaching. The coke output cycle is stronger than the contraction expectation. However, the productivity utilization rate of coke enterprises has not decreased significantly, and the impact of environmental protection on coke production is relatively limited. From the demand side, the blast furnace is at its peak at present, and the coke stock in steel enterprises is mostly at the middle and high level, so the demand is weak.

And considering the implementation of a round of increase, the enthusiasm of traders to take delivery of goods has declined due to the uncertainty of the future market. Overall, Tangshan's daily consumption of resumed production increases, which will boost the coke market or stabilize the medium-strong operation in the short term. However, market expectations are still divergent. Some participants consider terminal profits and sales generally, and pressure on raw material costs may increase.

Fenwei Energy on August 5 investigated 20 coking plants in the main producing area, of which three coke enterprises in Xuzhou raised the second round coke price of 100 CNY/ton. At present, steel coke is still in the game stage. In the aspect of start-up, coke enterprises in the main producing area mostly keep high start-up in the early stage, but because of environmental protection and other reasons, local coke enterprises limit production in varying degrees, with the range of production limit ranging from 30% to 50%. In terms of< p> inventory, coke enterprises have a good sales situation, positive shipment and no coke stock in the field.

The market has different opinions on the trend of coke in the later period, and some people are optimistic. The main reason is that the capacity of coke enterprises in the main producing area has been gradually implemented, the environmental protection has become more and more stringent, and the blast furnaces of individual steel plants in the lower reaches have been gradually restored, and the stock of coke enterprises has been kept low. The other reason is that some salesmen are more cautious. Port coke resources remain high for a long time, and it will take some time to release stocks. In addition, considering the National Day, air quality and other factors in Hebei, production may still be strictly limited in the later period.

As of August 1, the metallurgical coke index of Luliang quasi-first grade in Shanxi Province was 1850 CNY/ton, with a rise of 50 CNY/ton and 20 CNY/ton annually; the metallurgical coke index of Tangshan quasi-first grade in Hebei Province was 2010 CNY/ton, with a flat cycle ratio and a flat monthly cycle ratio; the metallurgical coke index of Rizhao Port was 2050 CNY/ton, with a rise of 30 CNY/ton annually and a month-cycle ratio. It's up 30 CNY/ton.