SMM Daily: Tight Supply and Demand Situation Continues in Coke Market

Overall, coke enterprises have general profits and face significant cost pressures, and are also affected by rainy and snowy weather. Downstream steel mills still have strong demand for coke, leading to a continued tight supply and demand structure in the coke market. In addition, the impact of coal mine accidents has prompted some coke enterprises to propose a fourth round of price increases for coke. As a result, the coke market may continue to operate in a strong position.