The third round of coke rising or to be implemented

Recently, coke enterprises all over the country have started to raise 50 CNY/ton for the third round. The steel mills haven't responded for the time being, and the game between coke and steel is fierce. From the perspective of raw materials and supply and demand, this round of increase has a high probability of landing. In terms of raw materials, the recent coal mine safety inspection in Shanxi continues, and the number of coal mines shut down continues to increase. Although the supply side has declined significantly, the low sulfur and high-quality coking coal continues to rise. At present, the coke enterprises are willing to replenish the storage. At present, most of the coal enterprises still focus on ensuring the contract customers, and the newly signed orders will not be signed temporarily. Considering the limited production before this year, some coal enterprises have implemented the lock quantity and price policy. High quality coking coal is expected to rise in the near future. In terms of supply, some coke enterprises in some areas of Shanxi are still in a small scale of production restriction, and the overall start-up changes are relatively small. Affected by the accelerated process of capacity removal in Shandong, the output of coke enterprises is increasing. Some coke enterprises may withdraw at the end of the month. The exit time of some enterprises with livelihood protection tasks is delayed, and the overall supply of Shandong is declining. Affected by this, the demand for coke mining outside Shandong steel works is expanding, and the inquiry for goods is more active. In terms of demand, at present, the production limit in Tianjin is relatively strict, with each steel plant limiting 30-50%.

Other regions are mostly affected by short-term weather, and the overall demand is still good. Recently, the steel price has declined slightly, but the profit is fair, and the transaction is good. In the early stage, due to the influence of snow and fog in Shanxi, the arrival of goods is limited, and the inventory of most steel plants has declined, and the purchase pace of steel plants has accelerated. Traders are optimistic and the port quotation is rising slightly. According to the research of the editor, the port collection has increased in the near future. It is concluded that near the Spring Festival, the price of coking coal is rising steadily, and the cost of coke is supported; the production capacity of Shandong Province is accelerated, and the market supply is correspondingly reduced; in the later period, the rain and snow weather in the North may increase, the transportation is limited and the freight is increased, and the enthusiasm of the steel plant to replenish the warehouse is now improved; it is expected that the third round of increase in the market will be implemented.