Published: Jun 26, 2024 17:19

[SMM Daily Comment: Some steel products in Hebei and Tianjin accept the increase in coke prices, and coke futures surge]

Today, coke futures market was volatile on the stronger side, and spot market was still dominated by the rigid demand for replenishment. In terms of supply, coal mines were basically operating normally and supply remained stable. In terms of demand, coking plants purchased as needed, and traders were mainly on the sidelines, with online auctions experiencing both rises and falls. Looking ahead, although there is an expectation of a rise in coke prices, given the cautious purchasing attitude of coking plants, it is expected that the short-term coke prices will remain stable.

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