SunSirs: China Coke Price is temporarily Stable after Rising on December 25
December 25 2020 13:42:13 SunSirs (Selena)
On December 25, the coke spot market price was mainly stable after rising, and the coke production capacity reduction policy in the main production areas continued to be promoted. Some coking enterprises in some regions had limited production to varying degrees, and the market supply was slightly tight, and the inventory of coke enterprises was low. The production of downstream steel plants remains high, the demand for coke is good, and the recent environmental protection policy is strictly implemented.
In terms of ports, the prices of Shandong and Shandong ports are mainly stable after rising, and the overall market is relatively strong. At present, the supply of goods available for sale in ports is still limited. In terms of prices, the mainstream spot ex-warehouse price of port quasi first-class metallurgical coke is about 2,600 yuan / ton, and the first-class coke is 2,700 yuan / ton.
Today, the market atmosphere is warm. Some downstream steel mills turn to the port for inquiry, the inventory fluctuation is small, and some traders are reluctant to sell. The future market still needs to focus on the coke inventory of each link, as well as the new production capacity.
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