Domestic coke price trend analysis

Business Club July 7th Restricted by repeated turbulence in the domestic steel market, the domestic coke market is still weak and the market is still in a steady state. Market sentiment is generally in the market, and some regions have a slight phenomenon of poor shipping.

Currently, the market in East China is operating stably. The ex-factory price of secondary metallurgical coke is about 1900-1980 yuan/ton, the transaction atmosphere is relatively stable; the market capacity in Shanxi region is tight, and the recent shipping atmosphere is general. The mainstream price of secondary metallurgical coke is implemented at 1750. -1800 yuan/ton or so; Hebei is temporarily stable, with little change, the mainstream price of secondary metallurgical coke is executed at 1850-1900 yuan/ton; general market transactions in central and southern regions, secondary metallurgical coke prices are executed at 1850-1900 yuan/ton. About the northeastern region, the market is temporarily stabilized; the ex-factory price of secondary metallurgical coke is about 1800-1850 yuan/ton; the transaction volume in the northwestern coke market is still acceptable; the secondary metallurgical coke in Inner Mongolia is executed at 1600-1650 yuan/ton, and Shaanxi Hancheng District. The price of secondary metallurgical coke is implemented at 1800-1850 yuan/ton, the price of coke in Xinjiang is low, and the secondary metallurgical coke is concentrated at 1,400-1550 yuan/ton; the price in the southwest is still running smoothly at a high level, and the secondary metallurgical coke is now mainstream. The price is executed at 1950-2050 yuan/ton.

Since the domestic steel market dropped sharply in the middle of last month, the steel market has remained stable at a low level. Despite a slight rebound in recent days, it still does not affect the downturn in the overall domestic steel market. Due to the lack of sufficient support, the domestic steel market is still sluggish in the short term. Moreover, correspondingly, the domestic coking coal market is also difficult to improve, and some high prices may fall back in the late period. Therefore, under the premise that both the upstream and downstream markets are sluggish, it is expected that the domestic coke market will remain in a weak consolidation phase in the short term, and the price trend in the latter period will probably fall.