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SunSirs: June 1 morning news coke market price temporarily stable
June 02 2021 09:11:10SunSirs(HU)

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

Region

Specifications

June 1 price

Up and down from the same period last month

Shanghai area

 

Secondary metallurgical coke

3020

+740

Quasi primary metallurgical coke

3080

+740

Xuzhou area

Secondary metallurgical coke

2990

+740

Quasi primary metallurgical coke

3040

+740

Weifang Area

 

Secondary metallurgical coke

2840

+540

Quasi primary metallurgical coke

2890

+540

Taiyuan Area

Secondary metallurgical coke

2830

+540

Quasi primary metallurgical coke

2880

+540

Jinzhong Area

 

Secondary metallurgical coke

2690

+540

Quasi primary metallurgical coke

2750

+540

Tangshan area

Secondary metallurgical coke

2820

+540

Quasi primary metallurgical coke

2870

+540

Shenyang area

Secondary metallurgical coke

2700

+540

Quasi primary metallurgical coke

2760

+540

The coke market is mainly in stable operation today. Coke enterprises in the main production area are currently starting higher. After the price of upstream coking coal falls, the profit of coke enterprises is improved. The inventory in the plant is low. At present, the coke source mainly flows into the steel plant. The traders are affected by the reverse hanging off the port and the intention of collecting port is low. The demand for downstream steel plant is still good, the coke inventory in the plant has picked up slightly, and the willingness to reduce by cost pressure steel plant is stronger.

Coke market price of some domestic ports on June 1 (unit: RMB/ton)

On June 1

Rizhao Port

Trade Associate Level I

Secondary trade

2990

2890

Qingdao Port

Trade Associate Level I

Trade Level I

2990

3090

Coke inventory of Shandong Port and port on June 1 (unit: 10000 tons)

Port

Inventory

Inventory changes

Dong Jiakou

135

2 -

rizhao

70

0

Today, the coke market of the two ports in Shandong is weak. At present, the mainstream ex-warehouse price of quasi first-class metallurgical coke in the port area is about 2600 RMB/ton, and the price of first-class coke is 2700 RMB/ton, which is temporarily stable compared with the previous trading day, and the inventory of the two ports has decreased slightly. At present, the price of port gathering is upside down, the enthusiasm of traders is low, most of them are active in shipping, and the market trading in general.

In the future, SunSirs analysts believe that at present, traders have a strong fear of heights, and the driving force of fundamentals is limited. With the support of downstream demand, coke prices are expected to maintain a high oscillation trend in the short term.

 

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

 

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