According to SMM, the elimination of 4.3-meter coke ovens in Shanxi is expected to be strong this month, and the supply of coke may be tightened. At present, most coking plants are temporarily stable, coke is produced and sold immediately, and there is no inventory in the plant. The cost of coking coal entering the furnace is still high, and the price of coke is still supported. On the demand side, the price of finished products at the terminal continues to decline, steel mills losses are intensifying, and maintenance plans are being implemented one after another, reducing the demand for coke.

Overall, there is still expectation of a third round of coke price increase, but steel mills have started to repair blast furnaces, reducing the demand for coke, and coking and steel enterprises have entered a game state, and the short-term coke price may remain stable.