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Stability Persists in Coke Market

by Daisy

The report on July 11 said that the coke market continued to be stable and positive, with active transactions. As of the close of July 10, the mainstream transaction price of quasi-first-grade coke in the Shandong market remained stable at 1,990 yuan/ton, flat month-on-month.

The overall operation of the coke market is stable, coke enterprises are profitable and shipments are smooth. Inventory remains low, production enthusiasm is high, production efficiency is high, and supply is stable.

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Downstream blast furnaces continue to operate smoothly, mainly on-demand procurement, coke inventory remains at a normal level, finished product transactions are general, and coke demand is stable.

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At the port, traders gather, inventory is stable and slightly reduced, and market participants are cautious.

Overall, the supply and demand pattern of coke is stabilizing, and it maintains a balanced interaction with the steel industry. Analysts expect that the current favorable conditions will continue to exist to ensure that the market continues to operate smoothly.

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