Summary of domestic coke market price (unit: RMB / ton)

On 13th, some coking enterprises started the first round of increase, and the dry and quenching ratio was raised by 110 RMB/ton, and the wet quenching ratio was raised by 100 RMB/ton. By 15th, it had not been settled yet. According to the SunSirs price monitor, at present, Shanxi area two metallurgical coke price in 1880 RMB/ton.

Coke market is mainly strong operation, coking enterprises recently improved sales, low inventory, with the implementation of backward production capacity elimination increased, the future supply will have a certain tightening, most coking enterprises are expected to be bullish. The demand of downstream steel plants is temporarily stable, the coke inventory is at a reasonable level, and the procurement is mainly on demand. Market traders recently entered the market actively, continued storage, the port situation is good.

Domestic coke market price of some ports on April 15th (unit: RMB/ton)     

Note: The above prices are tax inclusive for acceptance closing

Shandong two ports coke market today strong operation, the current port area quasi level one metallurgical coke mainstream spot exchange out of the warehouse price at about 2180 RMB/ton, level one coke price at 2280 RMB/ton, stable than the previous trading day price. Inventory of the two ports continued to rise. The trading atmosphere of the port market has improved. In the future, we will focus on the coke inventory of each link, as well as the implementation of the first round of increase.

In the future, analysts from the SunSirs said, With coke supply expected to tighten, coking enterprise inventory decline, coke market is expected to run in the short term.

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