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

According to the price monitoring of the SunSirs, the price of secondary metallurgical coke in Shanxi was 2720 RMB/ton on May 27. Since the eighth round of increase and fall of coking enterprises on May 19, the coke market has maintained a high consolidation trend for a week. During this period, although the ninth round of increase and the first round of increase and fall started at the same time, they did not fall, and the coke steel game continued.

In terms of coking enterprises, the start-up continues to be high and the market supply increases slightly. Affected by the recent decline of the futures market, traders' purchasing enthusiasm slows down and the market sentiment is weak; In terms of downstream steel mills, after a week's correction of steel prices, the profits of steel mills have been greatly reduced, and steel mills have strong resistance to the ninth round of increase. Although there is still demand replenishment, most of them are on demand.

Coke market price of some domestic ports on May 27 (unit: RMB/ton)

Inventory of coke in two ports of Shandong on May 27 (unit: ten thousand tons)

Shandong two ports coke market today weak operation, the current port area quasi level one metallurgical coke mainstream spot exchange out of the warehouse price at about 2600 RMB/ton, level one coke price at 2700 RMB/ton, stable than the previous trading day, the two ports inventory decline. The overall port mentality is weak, traders have a strong intention to ship, some of the low transaction prices, the overall trading atmosphere is weak, the market atmosphere is weak, traders have a low willingness to port.

In the future, SunSirs analysts believe that at present, traders have a strong fear of heights, and the driving force of fundamentals is limited. With the support of downstream demand, coke prices are expected to fluctuate at a high level in the short term.

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