In mid-September, the price of secondary coke fell by 5.7 yuan per ton

According to the latest data released by the National Bureau of Statistics on September 24, in mid-September, the price of coke (secondary coke) in China was 1735.8 CNY/ton, down 5.7 CNY/ton, or 0.3% from the previous period. After two rounds of reduction in coke price since late August, the overall profit of coke enterprises is under pressure, and there is strong resistance to further price reduction. Inventory of coke enterprises has changed from rising to falling, and their mentality has obviously improved. Some coke enterprises began to raise the ex-factory price of coke around mid-September.

However, from the aspect of steel mills, due to the rebound of steel prices, the profit recovery of steel enterprises is obvious, the enthusiasm of raw material procurement has increased, and the steel enterprises'willingness to suppress coke prices has slowed down.

But between the National Day approaching, the stopping and limiting capacity of blast furnaces will continue to increase in the northern region, coke stocks in superimposed steel mills are running at high and medium levels, short-term rigid demand for coke is still weak, intermediate trade links are still uncertain and prudent purchasing, the willingness to copy the bottom is not strong, and the coke market remains stable and moderately weak.

At present, with the national 70th anniversary Daqing approaching, North China and East China have issued environmental protection production restriction documents. The blast furnace has been gradually implemented in some parts of Shandong, Hebei, and coke consumption has decreased.

In addition, the coke stock in steel enterprises is sufficient, and the willingness to purchase coke is obviously weakened. Without obvious reduction in the coke supply side, it is more difficult for the coke price to rise. On the port side, coke of origin increased, and individual traders had port-gathering behavior, which affected a small increase in the daily average port-gathering volume, which was between the poor turnover in the port market and the wariness of most traders in hoarding goods.

Fenwei Energy Co., Ltd. on September 24, 20 coking plants in the main producing areas were investigated, and the coke price was temporarily stable. In terms of production, under the influence of environmental protection inspection before the festival, the intensity of coke production and production in the areas such as the Ministry of finance, the Ministry of Finance and the Ministry of Railways has increased, and some enterprises have seen 3-5 of the Enterprises Limited production, and the supply of coke enterprises has contracted. The inventory of coke enterprises is at a low level. Some coke enterprises keep no inventory. Overall, the sales situation remains stable and optimistic. Steel enterprises purchase normally, coke arrival is stable. Traders are still on the lookout for the market, and there are no plans to buy or stock up goods in the near future. Short-term market expectations weakened, mainly due to the increase of steel enterprises'capacity limitation before and after National Day affecting the reduction of coke consumption.

As of September 23rd, the level of metallurgical coke index was 1700 CNY/ton, the weekly ratio was 250 CNY/ton, the monthly level of metallurgical coke index was 1910 CNY/ton, the weekly ring ratio was flat, the monthly ratio fell by 200 CNY/ton, the level of metallurgical coke index of Rizhao Port was 1870 CNY/ton, the weekly ring ratio was flat, and the monthly ratio fell 60 CNY/ton.