SunSirs: The 12th Round of Price Increase in China Coke Market was partly Implemented
January 06 2021 10:48:43 SunSirs (Selena)
On January 5, the coke market was mainly in strong operation, with the 12th round of price rise Implemented. The new production capacity of supply side is expected to be limited. In the process of continuous promotion of de production capacity, the tense situation of coke supply has not been eased. In the future, due to the tight supply, the coke market will still be dominated by strong operation. In terms of ports, the overall market of Shandong ports was dominated by strong operation, and the price rose 100 RMB/ ton compared with the previous day. In terms of price, the mainstream spot delivery price of port quasi first-class metallurgical coke was about 2,750 RMB/ ton, and the first-class coke was 2,850 RMB/ ton. The inventory of the two ports increased slightly, but the source of saleable goods was still relatively small. Some steel mills in Shandong raised the purchase price of coke by 100 RMB/ ton. At present, the transportation situation in Shandong has recovered.
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