[SMM Analysis: Will Coke Prices Stabilize after the Seventh Round of Price Reduction?]
This week, the seventh round of price reduction for coke has been implemented, with a decrease of 50-55 yuan/ton. After the price reduction, the national average price of first-grade metallurgical coke (dry quenching) is 1955 yuan/ton. The national average price of quasi-first-grade metallurgical coke (dry quenching) is 1815 yuan/ton. The national average price of first-grade metallurgical coke (wet quenching) is 1590 yuan/ton. The national average price of quasi-first-grade metallurgical coke (wet quenching) is 1508 yuan/ton.
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