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SunSirs: April 26, Part of the Coking Enterprises To Open the Third Round of Rise
April 27 2021 09:15:54SunSirs(HU)

Summary of some domestic coke market prices (unit: RMB/ton)

Region

Specifications

Prices on April 20th

Up or down from the same time last month

Shanghai Area

Secondary metallurgical coke

2280

-100

Quasi primary metallurgical coke

2340

-100

Xuzhou Area

Secondary metallurgical coke

2150

-100

Quasi primary metallurgical coke

2250

-100

Weifang Area

Secondary metallurgical coke

2300

+110

Quasi primary metallurgical coke

2250

+110

Taiyuan Area

Secondary metallurgical coke

2190

+100

Quasi primary metallurgical coke

2240

+100

Jinzhong Area

Secondary metallurgical coke

2050

+100

Quasi primary metallurgical coke

2110

+100

Tangshan Area

Secondary metallurgical coke

2180

+100

Quasi primary metallurgical coke

2230

+100

Shenyang Area

Secondary metallurgical coke

2060

+100

Quasi primary metallurgical coke

2120

+100

On the 26th, some coking enterprises started the third round of increase of 100-120 RMB / ton, which has not been implemented yet. As of the 26th, according to the price monitoring of the business association, the price of grade II metallurgical coke in Shanxi was 2080 RMB / ton.

Coke market is strong overall operation, coking enterprises recently low inventory, sales are good. Shanxi, Hebei area environmental protection scrutiny, limited start, most of the coking enterprise inventory is low. Aftermarket expectations are bullish. Downstream steel mills start higher, the demand for coke is stable, and the early coke inventory has been almost digested, most steel mills have procurement demand.

Domestic coke market price of some ports on April 26 (unit: RMB/ton)

On April 26th

Rizhao Port

Trade Associate Level I

Secondary trade

2350

2250

Tianjin Port

Trade Associate Level I

Trade level I

2350

2450

Note: The above prices are tax inclusive for acceptance closing

Shandong two ports coke market today is still strong operation, the current port area quasi level one metallurgical coke mainstream spot exchange out of the warehouse price at about 2350 RMB/ton, level one coke price at 2450 RMB/ton, stable than the previous trading day price. Collecting port slows down, port site slants tight. In terms of aftermarket, SunSirs analysts believe that coke enterprises have a good attitude shortly, have a high bullish expectation for the aftermarket, and expect coke prices to be stronger in the short term. Focus on: the implementation of the third round of price increase, and the start-up of steel plants and coke enterprises.

 

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

 

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