SunSirs: Coke Market Price temporarily stabilized on June 21

　　On June 2, the coke market price remained stable after the first round of lowering and landing of coking enterprises. According to the price monitoring of SunSirs, the price of primary metallurgical coke in Shanxi Province was 2,650 RMB/ ton on June 21 and that of secondary metallurgical coke was 2,600 RMB/ ton.

　　In terms of coking enterprises, the recent environmental protection inspection has become more stringent, and the operating rate has declined compared with the previous period. The inventory of coking enterprises is still low. At present, there are sufficient orders, good sales and active production. At present, the overall operating rate of the steel plant remains high and stable, and the demand for coke is well supported.

　　The coke market prices of the two ports in Shandong Province were stable yesterday. At present, the mainstream spot ex-warehouse price of quasi first-class metallurgical coke in the port area is about 2,680 RMB/ ton, and the price of first-class coke is about 2,780 RMB/ ton. The inventory of the two ports continues to decline, and the operation is low. The available goods is limited.

　　SunSirs analysts believe that the current supply and demand of coke market is booming, and coking enterprises expect the supply to shrink in the future. It is expected that China coke price will be stable and strong in the short term. In the future, we will focus on the coke inventory of each link, as well as the impact of recent local environmental protection policies on the upstream and downstream operating rates.