There are still downside risks in the weak and stable coal

Today, the coke market in Henan Province is weak and stable. Now, the tax inclusive price of quasi first grade metallurgical coke in Pingdingshan area is reported as 1910 CNY/ton, and the ex factory price of quasi first grade metallurgical coke in Jiyuan area is reported as 1880 CNY/ton. At present, the production of coke enterprises is normal and the environmental protection is normalized. Each coke steel enterprise has a small production limit, and the start-up rate is generally about 80%. The overall supply of coke is loose. Due to the failure of the third round of steel coke game last Friday, the purchasing attitude of the steel plant is still relatively cautious at present, so as to control the speed of coke arriving at the plant. At present, the steel price profit has been restored, and the coking enterprises have a strong resistance mentality, so the steel mills slow down the pressure on coke, and still wait and see in the short term. In terms of coking coal, affected by yesterday's Pingyao coal mine accident in Shanxi Province, and with the approaching of winter storage, coking coal is expected to stop falling and stabilize, but it is still necessary to pay attention to the downside risk brought by the coke. At present, in Xuchang area, the report of lean coal is 960 CNY/ton, and the report of lean coal is 1280 CNY/ton, which is stable temporarily. On the whole, the short-term coal and coke market in Henan Province is weak, and most of the enterprises focus on wait-and-see.