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

On November 11, the sixth round of increase of coking enterprises was basically implemented, with an increase of 120 RMB / ton for dry quenching and 100 RMB / ton for wet quenching. According to the price monitoring of business association, the price of grade II metallurgical coke in Shanxi is 2480 RMB / ton.

However, the overall supply is still tight and the inventory in the plant is low. The downstream steel plants have higher profits in the near future, higher operation rate, better demand for coke, lower inventory of coke in the plant, and obvious demand for replenishment. At present, the overall market is relatively strong and the coke supply is relatively tight.

Coke market price of some domestic ports on May 11 (unit: RMB / ton)

Note: All the above prices are acceptance closing price including tax

Shandong two ports coke market today strong operation, the current port area quasi level one metallurgical coke mainstream spot exchange out of the warehouse price in about 2780RMB/ton, level one coke price in 2880 RMB/ton, up 80 RMB/ton than the previous trading day price. Port situation is more general, traders shipping mentality positive offer higher. Coking enterprises rose part of the sixth round of landing, and yesterday the futures market rose, market inquiries increased, traders bullish sentiment stronger.

In terms of aftermarket, analysts from the SunSirs believe that the price of coking coal remains high, the supply of coke is tight, and the downstream demand is better. Under the support of the triple positive, it is expected that the coke market will still be strong in the aftermarket.

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