Daily Review: Coke Market Fundamentals Improve, Outlook Remains Stable

[SMM Daily Review on Coal and Coke]

In terms of supply, most coke enterprises maintained production near the break-even point, with normal operations, and only a small number showed intentions to reduce output. On the demand side, steel mills saw an increase in pig iron production and daily coke consumption. Some steel mills began restocking coke through purchases while reducing controlled arrivals. Additionally, some traders made moderate purchases, leading to a moderate sales performance for coke. In summary, the fundamentals of the coke market improved, market sentiment became more speculative, and the coke market is expected to remain stable this week.