According to the monitoring of SunSirs, coking coal prices are still strong. Now the average market price is 3,753.33 RMB/ ton. On September 25, the coking coal commodity index was 277.00, unchanged from the previous day, hitting a record high in the cycle, up 516.79% from the lowest point of 44.91 on January 28, 2016. (Note: the period refers to the period from September 1, 2012 to now)
According to SunSirs coking coal analyst, the coking coal market is still relatively strong in the near future. In terms of origin, the coal pipe ticket is tight near the end of the month, some coal mines are still in the shutdown stage, the overall supply of coking coal is still relatively tight, and the downstream coke is temporarily stable after the rise of coke market. In terms of supply, Hebei is currently limited to 70%, Other places such as Shandong and Jiangsu have relatively strict production restrictions. At present, the overall coke supply is still tight. At present, the coke inventory in most steel plants in the downstream is low. Near the National Day holiday, most manufacturers still have stock plans, but on the whole, the coke demand procurement plan is lower than that in the early stage. At present, the mentality of coking enterprises is mainly to stabilize the price. It is expected that the coke price will remain high and stable before the festival. On the whole, China coke still supports coking coal in the later stage, and the price is still strong.
