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SunSirs: Energy, Domestic Coke Market is High and Strong in January

February 03 2020 12:15:42     SunSirs (Selena)

1  Trend Analysis

Price: according to the data monitoring of SunSirs, the overall high level of the domestic coke market in January was strong. 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.

Products: in January, the domestic coke market remained high and strong as a whole. Before the Spring festival, coke enterprises started to operate stably, and the steel plant inventory was at a reasonable level. Due to the Limited Logistics and transportation before the Spring Festival, freight rates rose, and some enterprises' shipments were not smooth. With the extension of the Spring Festival holiday and the prevalence of pneumonia, the demand for coke of steel plants in the later period will decline to a certain extent.

2  Market Forecast

According to the coke analysts of SunSirs, at present, the domestic coke market is temporarily stable, and the coke steel game continues. Affected by the Corona virus, the operating rate of coke enterprises will decline to varying degrees, and the demand of downstream steel plants will also decrease to some extent. It is expected that the market will be shaken in the future.

 

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