Product
Supplier
Encyclopedia
Inquiry
Home > News > Valuable News > The fourth round of price increase of coke has been started

The fourth round of price increase of coke has been started

ECHEMI 2020-01-19

According to the market. Shanxi Yongxin Coal Coking Co., Ltd. adjusted the sales price of coke and planned to increase 50 CNY/ton from 0:00 on January 7. The coke price of a large coke enterprise in Hebei increased by 50 CNY/ton. After the increase, the price of quasi first dry quenching coke was 2140 CNY/ton, the price of quasi first grade coke was 1890 CNY/ton, and the price of secondary coke was 1860 CNY/ton. The factory acceptance price including tax was implemented at 0:00 on January 8. It is expected that more enterprises will join in the increase in the later stage. At present, it is only a matter of time before the fourth round of price increase of coke is implemented. In the later stage, the support for the fourth round of price increase of coke can be realized mainly includes two aspects: first, the coke inventory of coking plant is not large; second, the coke inventory of steel plant is still low, and the main purpose is to actively purchase in order to ensure the normal production during the Spring Festival.

 

Recently, the snowfall in Shanxi increased, some high-speed lines were closed, the delivery of coke enterprises was blocked, the inventory in the plant increased, and the specific recovery time was to be determined; the inventory in the downstream steel plants was at a high level, and the recent arrival of coke was not good, and the market was mostly on the wait-and-see attitude. Due to the impact of rain and snow weather, the port's aggregate port kept low, the volume of foreign trade increased, and the coke inventory decreased significantly. Generally speaking, the recent coke price is more stable and stronger. At the same time, affected by the recent heavy snow in Shanxi, most of the coal mines in Shanxi are affected by the shipment, and the coal inventory begins to accumulate, and most of them are full warehouses. Some of the coal mines have considered to reduce the production properly. In the later stage, with the weather improving, the shipment can slowly return to normal. In terms of price, at present, the demand for high-quality main coking coal and fat coal in Luliang area, Shanxi Province is still good, and the price is still firm. Now, the ore drawing tax of low sulfur fat coal in Luliang area is 1450 CNY/ton.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

Looking for chemical products? Let suppliers reach out to you!

Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.