Short-Term Coke Prices Likely to Rise

Telah Terbit: Mar 2, 2023 11:26
Sumber: SMM
The coke inventory stood low. Some coke companies slightly limited their production, while the sales were better.

SHANGHAI, Mar 2 (SMM) - The coke inventory stood low. Some coke companies slightly limited their production, while the sales were better.
Coke demand continued to grow. Steel mills maintained high operating rates, and the pig iron output continued to rise.
Strict environmental protection inspections limited some coke companies' production. Coking coal prices gradually rose, which supported the spot coke prices. And the market was generally bullish on the coke prices. Besides, some coke companies in north-west China have raised the coke prices in the first round. The coke prices may fluctuate with some upward potential in the short term.

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