Nov.7, 2024: Coke Latest News
Nov 07, 2024
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Nov.7, 2024: Coke Latest News(2232, -47.00, -2.06%) : Yesterday, the coke plate fell sharply, the closing price of the coke 2501 contract was 1972CNY/ ton, down 75CNY/ ton from the previous trading day, down 3.66%, and the position increased by 1692 lots. In terms of spot, the spot market quotation of port coke has fallen, and the spot price of Rizhao Port quasi-first class metallurgical coke is 1760CNY/ ton, which is 50CNY/ ton lower than the previous period. On the supply side, the price of raw material coking coal fell, the profit of coking enterprises expanded, the construction situation was better, the shipment was more positive, and the overall inventory pressure was smaller. On the demand side, steel prices have been adjusted, market sentiment has fallen, steel blast furnace starts to maintain a high level, coke continues to replenish the stock, steel coke inventory increases, some steel steel procurement pace slows down, it is expected that the short-term coke plate oscillation is weak operation.Nov.7, 2024: Coke Latest News
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