Publicado: Nov 17, 2023 19:06
Profits are about to be restored, but some coking enterprises have suffered large losses and the start-up of coke ovens has decreased. On the supply side, coking enterprises' coke sales have been good this week, maintaining a low inventory state, but most coking enterprises have suffered an increase in losses and a decrease in production enthusiasm, resulting in a decrease in coke supply. On the demand side, steel mills' profits have obviously improved this week, and the output of pig iron has remained high, with rigid demand for coke, and traders have entered the market to inquire and take goods, resulting in an overall increase in coke demand. Overall, the supply and demand of coke is relatively tight, coupled with traders entering the market to inquire and take goods, coking enterprises' coke inventories are likely to continue to decrease next week, while traders will divert sources of goods, and steel mills' coke inventories are likely to increase slightly next week.

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Profits are about to be restored, but some coking enterprises have suf - Shanghai Metals Market (SMM)