SMM Daily Review: Coke Market Expected to Remain Stable AmidShrinking Profits and Sluggish Demand

[SMM Daily Review on Coal and Coke]

In terms of supply, coke enterprises are experiencing shrinking profits, with some facing losses, though still within a tolerable range. 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, leading to sluggish demand and a generally loose coke market. In summary, the coke market is expected to remain stable in the short term.