Coke Enterprise Mentality Improvement Short-term Market Weak and Steady

Today, the coke market in Henan continues to operate weakly and steadily, and the mentality of coke enterprises has improved compared with the earlier period. However, the market lacks the motive force to further increase. Local coke enterprises hold a wait-and-see attitude for the time being. The monthly price of coke enterprises has remained stable this month, with quasi-first-class metallurgical coke quoted at 2060 CNY/ton, and the market coke declined by 200 CNY/ton in the early period, and quasi-first-class metallurgical coke quoted at 1850 CNY/ton. In terms of production, Anyang coke enterprises limited their production from September 1 to 30, with a production limit of about 20%, mainly because of the environmental protection policy. At present, the profits of enterprises are low, the production enthusiasm is general, and the coking stock is better than before. In terms of steel plants, the current attitude of coke plants in Anyang is temporary wait-and-see, and the later adjustment of the mainstream market is the main reason. Overall, the coke market in Henan is expected to be weak and stable.