Yunnan cokes cut 80 coal prices in the middle of the month

Today, the coke market in Yunnan is in weak and stable operation. In the middle of June, the mainstream steel mills cut the price of coke by 80 CNY/ton. Now, the tax inclusive price of Kunming quasi second metallurgical coke to the plant is 2200 CNY/ton, and the tax inclusive price of Qujing quasi second metallurgical coke to the factory is 2095 CNY/ton. At present, coke enterprises have low profit, normal production and no impact of production reduction. The steel plant's inventory is still in normal quantity, and the multi-dimensional consumption is about 10 days. In terms of procurement, the on-demand procurement is mostly maintained. As of the middle of this month, the coke has been reduced by 290 CNY/ton. As it is close to the cost line of coke enterprises, it is expected that the coke will run stably in multiple dimensions in the later stage. In terms of coking coal, the current coal price has not been adjusted. The main coking coal price in the mainstream area is 1410 CNY/ton, and 1 / 3 coking coal price is 1390 CNY/ton. As the price of coke is reduced by 80 CNY/ton, coking coal is expected to be adjusted in the near future. However, there is limited space for the reduction of coking coal, supported by certain favorable expectations, such as the end of the year winter storage and power coal supply guarantee, and the end of the year coal mine safety inspection, shutdown and production restriction. On the whole, it is predicted that the coal and coke market in Yunnan will operate weakly and stably in the short term.