The scope of coke increase and decrease expands the supply and demand side and gradually develops to a looser side

In Shanxi and Hebei, some steel plants have controlled the arrival of goods, and some steel plants have the intention to lower the purchase price of coke by 100 yuan/ton

It is reported that the Tangshan coke market has begun to drop.

As current coke prices and profits are at historically high levels, the cost pressure of steel mills has increased.

Coke aspect

Generally speaking, coke sales in coke companies are still not under pressure.

China Coal Resources Network learned that the purchasing mentality of steel mills has changed at this stage.

CCI Fenwei valuation shows, as of February 20

Shandong Rizhao's quasi-primary coke price was 2,850 yuan/ton, and it continued to adjust for two consecutive periods.

The price of quasi-first coke in Luliang, Shanxi was reported at 2,650 yuan/ton, an increase of 940 yuan from the same period last year

The price of quasi-first coke in Tangshan, Hebei was reported at 2,850 yuan/ton, an increase of 890 yuan/ton from the same period last year

In response to the trend of coke prices in the later period, Song Shangyuan of the Futures Department of Shanxi Iron and Steel Marketing Corporation pointed out that at this stage, the start of the supply side is still hovering at a high level, and the demand side steel mills are still operating at a high level after the holiday.

According to monitoring data from China Coal Resources Network, as of February 18, the operating rate of coking companies in sample sites increased slightly this week, an increase of 0.

Steel market

The spot price of steel has been rising for several days

The price of billet, which is the weather vane of steel prices, has also risen sharply.

During the Spring Festival, international crude oil and other commodities rose sharply, and overseas resumption of production and production gradually increased; domestic epidemics were effectively controlled, financial data exceeded market expectations and other factors, which jointly ignited market enthusiasm

Upstream Coking Coal Market

From the upstream coking coal market, coal mines in the main producing areas have resumed production since the eighth day of the first lunar month, and a few coal mines have resumed production after the fifteenth day of the first lunar month.

According to the data, as of February 20

CCI's Shanxi low-sulfur coal price was reported at 1,518 yuan/ton, an increase of 12 yuan from the price of coal per ton in early January;

The CCI Shanxi high-sulfur coal price was reported at RMB 1,175 per ton, an increase of RMB 54 from the price of coal per ton in early January