SunSirs: China Coke Market Price was temporarily Stable on October 27
October 28 2021 14:17:33 SunSirs (Selena)
According to the price monitoring of SunSirs, on October 27, the price of primary metallurgical coke in Shanxi was 4,094 RMB/ ton and that of secondary metallurgical coke was 4,038 RMB/ ton.
The spot market is relatively strong. Recently, the environmental protection policy has become stricter. Coke steel enterprises are facing a certain degree of production restriction, with weak supply and demand. At present, the raw coal price is still high, the profit of coke enterprises is low, the expectation of production restriction of coke enterprises is stricter, and the future expectation of coke supply is tight. At present, the cost of entering the furnace is high, and the price support mentality of coking enterprises is strong.
In the future, SunSirs analysts believe that coke prices will remain high and operate stably temporarily. In the future, we should focus on the implementation of policies such as dual control of energy consumption, crude steel decompression and the impact of raw coal price trend on market confidence.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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