SunSirs: Energy, Stable Operation of Domestic Coke Market

1  Trend Analysis

Price: according to the data monitoring of SunSirs, the domestic coke market is stable. At present, the mainstream prices of secondary and quasi-primary metallurgical coke in Shanghai are 1,980 RMB/ton and 2,050 RMB/ton respectively; in Xuzhou are 1,950 RMB/ton and 2,020 RMB/ton; in Weifang, Shandong are 1,900 RMB/ton and 1,950 RMB/ton. The mainstream prices of secondary and quasi-primary metallurgical coke in Taiyuan, Shanxi Province are 1,800 RMB/ton and 1,850 RMB/ton; the mainstream prices of secondary and quasi-primary metallurgical coke in Mudanjiang, Heilongjiang Province are 1,840 RMB/ton and 1,900 RMB/ton; in Shenyang, Liaoning Province are 1,870 RMB/ton and 1,930 RMB/ton. The mainstream prices of secondary and quasi-primary metallurgical coke in Pingdingshan, Henan Province are 1,900 RMB/ton and 2,000 RMB/ton respectively. The mainstream prices of secondary and quasi-primary metallurgical coke in Tangshan, Hebei Province are 1,890 RMB/ton and 1,940 RMB/ton; in Tianjin are 1,900 RMB/ton and 2,000 RMB/ton. The mainstream prices of secondary metallurgical coke in Panzhihua coke market in Sichuan Province, Liupanshui coke market of Guizhou province and Ordos coke market are 2,130 RMB/ton, 2,270 RMB/ton and 1,550 RMB/ton respectively. The price of primary metallurgical coke in port trade is about 2,150 RMB/ton, of quasi-primary is about 2,050 RMB/ton, and of secondary is about 1,950 RMB/ton.

Product: at present, due to the Spring Festival holiday and the outbreak of new Corona virus, the overall performance of the domestic coke market is weak and stable, the logistics and transportation are limited, the start-up of enterprises is low, the downstream steel market has sufficient stock before the year, and the consumption is not high in recent days, and the delivery is flat, so the demand side support is general.

2  Market Forecast

According to the coke analysts of SunSirs, the third round of increase in the domestic coke market has been completed before the year, and the completion of steel plant's goods preparation is relatively high. Affected by the epidemic, the Spring Festival holiday is extended, and the market supply and demand are weak. It is expected that the future market will be shaken and sorted out.

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