1、 Price trend
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In September 2020, there are two rounds of increase in coke market, with a cumulative increase of 100 yuan / ton. The mainstream price of Shanxi market is 1710 yuan / ton at the beginning of the month and 1817.50 yuan / ton at the end of the month, with a monthly increase of 6.29%.
On September 28, the coke commodity index was 95.41, flat with yesterday, down 29.35% from 135.04 (September 13, 2018), and 175.35% higher than the lowest point of 34.65 on March 3, 2016. (Note: period refers to 2011-09-01 to now).
Summary of domestic coke market price (unit: yuan / ton)
The price of regional specifications on September 29 was up and down compared with the same period of last month
Grade II metallurgical coke 2030 + 100 in Shanghai
Quasi first grade metallurgical coke 2090 + 100
Xuzhou secondary metallurgical coke 2000 + 100
Quasi first grade metallurgical coke 2060 + 100
Grade II metallurgical coke 1940 + 100 in Weifang Area
Quasi grade I metallurgical coke 2000 + 100
Secondary metallurgical coke 1840 + 100 in Taiyuan Area
Quasi first grade metallurgical coke 1890 + 100
Secondary metallurgical coke 1800 + 100 in Jinzhong Area
Quasi first grade metallurgical coke 1860 + 100
Grade II metallurgical coke 1930 + 100 in Tangshan area
Quasi first grade metallurgical coke 1980 + 100
Secondary metallurgical coke 1810 + 100 in Shenyang
Quasi first grade metallurgical coke 1870 + 100
In this month, the coke market went up for two rounds on the 8th and 22nd. Shandong Province took the lead in the first round of increase. At the beginning of the month, the profits of downstream steel mills rebounded, the start-up was high, and the sales were good. The demand for coke was strong. The replenishment of steel mills drove up the price. After the second round of increase, the price of coke continued to stabilize. Later, with the continuous decline of coke inventory, coking enterprises were planning to raise the third round of increase, but the next round of increase was expected Restricted by sales, Yougang’s profits are generally low, and they are generally opposed to the third round of increase. Only some manufacturers with low coke inventory agree. On the 22nd, Shandong’s mainstream steel mills announced an increase of 50 yuan / ton on the purchase price of coke. Subsequently, steel mills in Hebei and other major regions also raised their prices in succession. The third round of increase, which lasted for nearly half a month, began to be gradually implemented. However, at present, the downstream steel mills are facing three rounds of increase in September and August, and the high price of coke is relatively contradictory. At present, steel enterprises are under great pressure and their profits are limited. Some steel mills have maintenance plans after the festival.
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Summary of domestic port coke market price (unit: yuan / ton)
Port varieties September 1 September 29
Rizhao trade quasi primary trade secondary trade quasi primary trade secondary trade
2000 1900 2100 2000
Tianjin Trade quasi first class trade first class trade first grade trade first grade trade first grade
2000 2100 2100 2200
According to the data released by the National Bureau of statistics, China exported 136000 tons of coke in August 2020, a year-on-year decrease of 68.9% and a month on month decrease of 64.1%. In August 2020, the coke export volume was US $30.318 million, down 74.8% year-on-year. From January to August 2020, the total export volume of coke was 2.29 million tons, a year-on-year decrease of 52.1%; the cumulative export amount was 505.179 million US dollars, a year-on-year decrease of 63.3%. Since the middle of August, domestic demand has improved and overall supply is tight, and coke export has dropped sharply in August. In this month, the port price was in line with the spot market, with a monthly increase of 100 yuan / ton. As of the 29th, the main spot exchange ex warehouse price of quasi grade I metallurgical coke in port was 1920-1950 yuan / ton, and the mainstream transaction price was 1920-1930 yuan / ton.
In terms of aftermarket, the business agency believes that the recent coking enterprises have a high enthusiasm for shipment, and the operating rate of coking enterprises in Shanxi is about 90%, with good sales and low overall inventory. However, the profits of downstream steel mills are limited at present. I heard that some of them have maintenance plans after the festival, and lack of coke with demand support, so the price is difficult to have upward space, and it is mainly weak in stability.
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