SMM Daily: Coke Market Expected to Remain Stable Amid Profit Contraction and Holiday Mode

[SMM Daily Review on Coal and Coke]

In terms of supply, coke enterprises are experiencing profit contraction, with some incurring losses. However, overall production remains at previous levels, and coke inventory at coke enterprises continues to accumulate. Demand side, with Chinese New Year approaching, the market is gradually entering holiday mode, and steel mills mainly purchase coke as needed. In summary, the coke market is expected to remain stable in the short term.