According to the Commodity Market Analysis System of SunSirs, on March 28th, the coke market in Shanxi Province operated steadily, with an average price of 1,631 RMB/ton. The price of metallurgical coke in Shanxi Province declined, with an average price of 1,784 RMB/ton. The domestic coke market remained stable in March.

In terms of price: On March 28th, the metallurgical coke prices in Tangshan market were temporarily stable. The mainstream transaction prices in the market are 1,645 RMB/ton for first level dry quenching and 1,310 RMB/ton for quasi first level wet quenching, both of which are ex factory prices including taxes. On March 28th, the coke prices in Binzhou market were temporarily stable. Currently, the local quasi first level A13 dry quenching prices are 1,515-1,535 RMB/ton, and the second level wet quenching prices are 1,210 RMB/ton, both of which are ex factory prices including taxes.

In terms of coking coal: Recently, the overall price of coking coal has been weak, and the online auction transaction rate has significantly improved. Currently, some coking enterprises are experiencing slight losses, factories are operating at a normal pace, downstream demand is weak and shipments are not smooth, inventory is running at a high level, and the supply side is loose.

The coke analyst from SunSirs believes that market confidence has reversed recently, and the shipment situation of coke enterprises has slightly improved. It is expected that the coke market will operate steadily in the short term.

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