SunSirs: China Coke Market Price Remained Stable on January 14

According to the Commodity Market Analysis System of SunSirs, on January 14, 2025, the coke market in Shanxi Province remained stable, with an average price of 1,698.33 RMB/ton. The price of metallurgical coke in Shanxi Province has declined, with an average price of 1,844 RMB/ton. Currently, the coke market price is stable.

In terms of the market, the price of coking coal on the raw material side is weak, and the support for coke market prices is weak. As the Spring Festival approaches, the purchasing enthusiasm of coke enterprises is still acceptable. Currently, the overall coke market inventory is high, and downstream enterprises have stable production, with little reduction in production, maintaining the previous level. Due to the impact of steel mills' off-season, it is expected that the coke market will maintain its current trend in the short term.

The coke analyst from SunSirs believes that it is expected that the current trend of coke will be maintained in the short term, and the market sentiment is pessimistic.

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