Coke price may be stable-to-soft this week

Telah Terbit: Jan 22, 2024 11:12
Sumber: SMM
As most coking plants were still in the red, coke supply shrank again last week, while buying appetite was moderate.

As most coking plants were still in the red, coke supply shrank again last week, while buying appetite was moderate. In a word, with change in supply/demand fundamentals and stable costs, coke price may be stable-to-soft this week. The third round of coke price slip is much unlikely to take place.

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Coke price may be stable-to-soft this week - Shanghai Metals Market (SMM)