【SMM Analysis: Downstream demand peaked, coke may usher in a new round of price increase and decrease - Coke Supply and Demand Analysis and Price Outlook】

After falling in April, coke prices rose. Following a round of price cuts at the beginning of the month, the national average price of first-class metallurgical coke (dry quenching) fell to 2010 yuan/ton. However, in the second half of April, coke prices rose rapidly for four consecutive rounds, and the national average price of first-class metallurgical coke (dry quenching) rose to 2450 yuan/ton.