crashbandicootreddit| Business club: The first round of coke market launch

Securities Times Newscrashbandicootreddit, business agency data showscrashbandicootredditFrom May 17 to May 24, the first round of lifting and landing of the coke market in Shanxi Province was the site of the first round of lifting and landing. As of May 24, the ex-factory price of quasi-first-grade metallurgical coke was 1960 yuan/ton, down 5.5%crashbandicootreddit.01%。The business community pointed out that this week, the coke market was lifted in the first round, with a cumulative drop of 100-110 yuan/ton. On the supply side, coking coal prices have fallen recently, and coke companies 'cost of entering the furnace has dropped. Although the profits from the reduction have narrowed, the operating rate has increased steadily this week, and the overall coke supply has been stable. As the futures market strengthens, the market atmosphere has improved, and coke companies have improved their mentality. On the demand side, the steel market has been stable and moderately rising recently, steel mill profits have recovered, operating rates have been stable and moderately rising, and demand for coke has been stable and warehouses have been replenished on demand. In terms of market outlook, the recent market performance has been stable, and there is limited room for coke to continue to decline. It is expected that the trend will be stable in the short term.

Proofread: Tao Qian