- Price Trend
Price: According to SunSirs, the domestic coke market is weak in both supply and demand last week, and the market as a whole is cautious. At present, the mainstream prices of secondary and quasi-primary metallurgical coke in Shanghai are 1,980 RMB/ton and 2,050 RMB/ton respectively; in Xuzhou are 1,960 RMB/ton and 2,030 RMB/ton; in Weifang, Shandong are 1,850 RMB/ton and 1,900 RMB/ton. The mainstream prices of secondary and quasi-primary metallurgical coke in Taiyuan, Shanxi Province are 1,750 RMB/ton and 1,800 RMB/ton; the mainstream prices of secondary and quasi-primary metallurgical coke in Mudanjiang, Heilongjiang Province are 1,840 RMB/ton and 1,900 RMB/ton; in Shenyang, Liaoning Province are 1,870 RMB/ton and 1,930 RMB/ton. The mainstream prices of secondary and quasi-primary metallurgical coke in Pingdingshan, Henan Province are 1,860 RMB/ton and 1,950 RMB/ton respectively. The mainstream prices of secondary and quasi-primary metallurgical coke in Tangshan, Hebei Province are 1,840 RMB/ton and 1,990 RMB/ton; in Tianjin are 1,850 RMB/ton and 1,950 RMB/ton. The mainstream prices of secondary metallurgical coke in Panzhihua coke market in Sichuan Province, Liupanshui coke market of Guizhou province and Ordos coke market are 2,080 RMB/ton, 2,230 RMB/ton and 1,500 RMB/ton respectively. The price of primary metallurgical coke in port trade is about 2,100 RMB/ton, of quasi-primary is about 2,000 RMB/ton, and of secondary is about 1,900 RMB/ton.
Products: Near National Day, environmental protection documents have been issued in East China and North China. Production of coke steel enterprises in many areas is limited. The overall supply and demand of coke market are weak. The overall start-up rate of coke enterprises has decreased. Inventory has not increased significantly and most of them are based on the implementation of pre-order. On the downstream side, coke stocks in steel factories are abundant. Affected by environmental protection, coke purchases in steel factories are declining, and the market mentality is relatively stable. It is expected that coke market will be mainly stable in the short term.
Industry: According to the price monitoring of SunSirs, on September 26, 2019, there was only one commodity in the rising and falling list of commodity prices in the energy sector, with dimethyl ether (3.25%) rising. There were eight kinds of commodities that declined annually. The first three products were WTI crude oil (-1.40%), Brent crude oil (-1.13%) and MTBE (-1.02%).
- Market Forcast
Coke analysts from SunSirs believe that due to the impact of a series of policy documents brought about by National Day, the domestic coke market is still in a weak situation of supply and demand in a short period of time. With the start-up of coke factories declining, the market mentality gradually stabilizes. It is expected that the coke market will remain stable in the near future, and future market needs to pay attention to the consumption of coke stock in steel factories.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com .
