【SMM Analysis: It is difficult for the terminal demand to continue to improve, and coke prices may fluctuate weakly】
After several consecutive rounds of increases during the National Day holiday, coke prices have now accumulated five rounds of increases, with a range of 250-275 yuan/ton. As a result, coke enterprises' profits have improved significantly, with most coking plants turning losses into profits in real time.
![[SMM 철강]](https://imgqn.smm.cn/usercenter/GfiYT20251217171720.jpg)
![[SMM 철강]](https://imgqn.smm.cn/usercenter/NtHAJ20251217171719.jpg)

