Price trend

According to the price monitoring of SunSirs, the price of primary metallurgical coke in Shanxi on April 28 was 3,794 RMB/ton, which was unchanged from the previous day.

Analysis review

The coking coal market continued to maintain a strong run. Affected by the traffic in some areas, the prices of some coal types were currently rising, and the coking coal quotation was relatively firm, and the market mentality was good.

On the 28th, the coke market price was temporarily stable. The operating rate of some coke enterprises in coking enterprises increased, and the coke inventory in the factory also decreased, and the shipment situation improved. In terms of demand, the operating rate of steel mills has remained stable recently, the coke inventory is low, and the steel mills have a strong willingness to purchase. In addition to the demand for replenishment before the holiday, the short-term coke demand will continue to strengthen. However, the recent weakening of the futures market has affected the market's mentality. At present, most traders are actively shipping.

Market outlook

It is expected that the coke market will be stable temporarily, and the follow-up will focus on the transportation situation and the coke inventory situation in each link.

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