Telah Terbit: Feb 19, 2024 13:52
【After the Spring Festival, the coal and coke market is still not optimistic】 In the short term, for coking coal, due to the relatively pessimistic expectations of market participants, the main focus before and after the Spring Festival is on shipments. Self coke coal inventories have already decreased to a low level, combined with the execution of pre-holiday orders, the sales pressure is relatively small, and prices are expected to remain stable. As for coke, due to the temporary suspension of work at downstream construction sites and the accumulation of steel inventory at steel mills, coupled with the fact that the steel mills' profits have not significantly improved, there is still a high probability of a 1-2 round price reduction for coke in the near future...

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【After the Spring Festival, the coal and coke market is still not opti - Shanghai Metals Market (SMM)