Price Trend

On March 13, the coke commodity index was 84.69, unchanged from the previous day, 37.29% lower than the highest point 135.04 (2018-09-13) in the cycle, and 144.42% higher than the lowest point 34.65 on March 3, 2016. (Note: cycle refers to 2011-09-01 to now).

Market Analysis

Price: according to the data monitoring of SunSirs, the price of domestic coke market was lowered last week. As of March 13, the mainstreamprices of secondary and quasi-primary metallurgical coke in Shanghai are 1,780 RMB/ton and 1,840 RMB/tonrespectively; in Xuzhou are 1,750 RMB/ ton and 1,820RMB/ ton; in Weifang, Shandong are 1,740 RMB/ ton and 1,800 RMB/ ton. The mainstream prices of secondary and quasi-primary metallurgical coke in Taiyuan, Shanxi Province are 1,640 RMB/ ton and 1,690 RMB/ ton; the mainstream prices of secondary and quasi-primary metallurgical coke in Mudanjiang, Heilongjiang Province are 1,680 RMB/ ton and 1,740 RMB/ ton; in Shenyang, Liaoning Province are 1,710 RMB/ ton and 1,770 RMB/ ton. The mainstream prices of secondary and quasi-primary metallurgical coke in Pingdingshan, Henan Province are 1,800 RMB/ ton and 1,900 RMB/ tonrespectively.The mainstream prices of secondary and quasi-primary metallurgical coke in Tangshan, Hebei Province are 1,730 RMB/ ton and 1,780 RMB/ ton; in Tianjin are 1,750RMB/ ton and 1,850 RMB/ ton. The mainstream prices of secondary metallurgical coke in Panzhihua coke market in Sichuan Province, Liupanshui coke market of Guizhou province and Erdos coke market are 1,880 RMB/ ton, 1,970 RMB/ ton and 1,400 RMB/tonrespectively. The price of primary metallurgical coke in port trade is about 2,050 RMB/ton, of quasi-primaryis about 1,950 RMB/ton, and of secondaryis about 1,850 RMB/ton.

Market Forecast

The coke analysts of SunSirs believe that the sufficient supply of coke will last for a period of time in the short term, because the demand side has not been better improved, the coke price is mainly weak consolidation.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.