SunSirs--China Commodity Data Group

Sign In

Join Now

Contact Us

Home > Coking coal News > News Detail
Coking coal News
SunSirs: Coking Coal Prices Were Temporarily Stable This week (May 22-26)
May 29 2023 14:14:26SunSirs(John)

Price trend

According to the Commodity Analysis System of SunSirs, coking coal prices temporarily stabilized this week. The average market price from the beginning of the week to the weekend was 1,701.67 RMB/ton, a decrease of 5.02%, and a decrease of 40.4% compared to the same period last year.

On May 25th, the energy index stood at 935 points, unchanged from the previous day, a decrease of 40.10% from the cycle's highest point of 1,561 points (2021-10-21), and an increase of 82.97% from the lowest point of 511 points on March 1st, 2016. (Note: The cycle refers to the period from December 1st, 2011 to the present)

Analysis review

In terms of origin, the coal mine maintained a normal level of operation and sales had improved compared to the previous period. The operating rate of coke in the downstream coke market was relatively stable, enterprises were actively shipping, and inventory showed a slight downward trend. However, there was still a phenomenon that suppressed coke in steel mills, and they mainly purchased according to demand.

Market outlook

According to the coking coal analyst from SunSirs, coking coal maintained normal production and sales had improved compared to the previous period. In terms of downstream coke, the recent demand for coking coal was still mainly based on on-demand procurement. Overall, the price of coking coal is mainly temporarily stable, depending on downstream market demand.

If you have any questions, please feel free to contact SunSirs with

Exchange Rate:

8 Industries
Rubber & Plastics
Non-ferrous Metals
Building Materials
Agricultural & Sideline Products