The price of coke is likely to rise by 100 CNY/ton

Due to the reduction of production in some coal enterprises during the National Day period, and with the start of coke enterprises after the festival to restore coke coal just need to be improved, local mines and some mainstream mines inventory slightly decreased. In terms of coal imports, Australian coal imports rebounded for the first time since May's consecutive decline. As of Oct. 7, the low volatile FOB price of Pushi rose by $10 a week and the CIF price of Pushi low volatile China rose by $8.5. As for coke, the overall coke market is temporarily stable. With the end of the National Day holiday, steel mills in Shanxi, Hebei and Shandong have gradually resumed normal production. Tangshan coke market is stable and strong. Individual local coking units said that due to the shortage of raw materials and the increase in production costs, the coke sales price was raised by 100 CNY/ton, which began to be implemented on the 10th.