Coke Prices may Grow amid Better Downstream Demand

Đã xuất bản: Feb 28, 2023 16:05
Nguồn: SMM
Coking coal output dropped amid the upcoming Two Sessions, while the downstream companies and traders bought some goods, driving the market sentiment and the quotes of some coals.

SHANGHAI, Feb 28 (SMM) - 

Coking coal:

Coking coal output dropped amid the upcoming Two Sessions, while the downstream companies and traders bought some goods, driving the market sentiment and the quotes of some coals.

Coke:

On the supply side, traders have gradually raised their purchasing volume recently, and some steel mills have also increased their purchases of coke, thus coke stocks carried by coke companies have continued to decline.

On the demand side, the steel mills maintained high operating rates since they bore little impact from the environmental protection-related production restrictions.

On the whole, the coke companies bore huge losses amid the rising costs, and they intended to raise their quotes. Meanwhile, some steel mills planned to increase their purchasing volume of coke. Therefore, SMM presumes that coke prices will be stable with occasional rises.

Tuyên bố về Nguồn Dữ liệu: Ngoại trừ thông tin công khai, tất cả dữ liệu khác được SMM xử lý dựa trên thông tin công khai, giao tiếp thị trường và dựa trên mô hình cơ sở dữ liệu nội bộ của SMM. Chúng chỉ mang tính chất tham khảo và không cấu thành khuyến nghị ra quyết định.

Để biết thêm thông tin hoặc có thắc mắc gì, vui lòng liên hệ: lemonzhao@smm.cn
Để biết thêm thông tin về cách truy cập báo cáo nghiên cứu, vui lòng liên hệ:service.en@smm.cn
Coke Prices may Grow amid Better Downstream Demand - Shanghai Metals Market (SMM)