According to the price monitoring of SunSirs,, on August 10, the price of quasi first-class metallurgical coke in Shanxi was 2,400 RMB/ ton, up 200 RMB/ ton from the previous trading day.
The coking coal price is temporarily stable and weak in the near future. Some coke enterprises in the downstream have the expectation of resuming production. The recent market situation has improved, and the willingness to purchase coking coal has increased. The comprehensive view of coking coal price or stable adjustment and operation is the main one, and the specific view is the downstream market demand.
On August 10, the first round of increase in the coke market fully landed, and the current round of increase was 200-240 RMB/ ton. With the first round of increase and landing, the profits of coking enterprises have recovered to a certain extent, the operating rate of enterprises has rebounded, the recent sales situation in the plant is good, and the overall coke inventory is low. In the downstream steel plant, the sales of finished products has improved recently, the profit of the steel plant has recovered, the operating rate of the steel plant has increased steadily, the enterprise is active in resuming production, and the demand for coke purchase has improved.
In the future market, SunSirs believes that the overall industrial chain is good, and it is expected that the coke price is strong. It focuses on the operation of the steel plant, the sales of finished products and the profit recovery of the coke steel enterprise.
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