Coke market stability sentiment increase coke price weak and stable operation

The coke market in Shanxi has been running steadily, and there is a strong sense of wait-and-see in the market. The high level of coke inventory in downstream steel works maintains the state of purchasing on demand at present; the coke enterprises start construction basically at the same level as the previous stage, and the shipment is more active, some coke stocks have accumulated slightly, but the overall inventory level is not high; after two rounds of reduction of coke price in the earlier stage, the profit compression of coke enterprises has a strong resistance to price reduction, and the recent steel plants have a strong sense of resistance to price reduction. The profit has been repaired slightly, and the willingness to suppress the coke price has been reduced. Generally speaking, short-term coke price or stable operation.

Coking coal price is running weakly, and coking coal purchasing enthusiasm in downstream coking enterprises is not high, coking coal prices in various regions have been reduced by varying degrees. Some low sulphur resources are well sold, and the inventory level is low. Other coal blending prices are still likely to weaken. Coking coal prices have been operating steadily in recent years.

The quotation of coke in Shanxi is as follows:

Taiyuan quasi-coke 1800 CNY/ton, first-class coke 1850 CNY/ton;

Linfen quasi-coke 1700-1750 CNY/ton, first-class coke 1850 CNY/ton, first-class coke 2100 CNY/ton;

Lvliang quan-coke 1680-1750 CNY/ton, first-class coke 1900 CNY/ton;

Yuncheng quasi-one coke 1700-1750 CNY/ton, first-class coke 1900 CNY/ton. Primary coke 1850 CNY/ton,

Changzhizheng Yijiao 1750-1800 CNY/ton,

Jinzhong Junyijiao 1700-1800 CNY/ton, all of which accept the tariff price.