Coke enterprises announced an increase in coke prices, some areas of the first round of fluctuations.  According to the steel net monitoring, Hebei, Shandong, some parts of the steel plant coke procurement price increased ￥200 -￥240 /ton.  Industry insiders said that the current coke enterprise inventory low operation, steel profits have recovered, demand increases, is expected to be the first round of coke to raise the full landing.  Subsequent "double focus" price action depends on the persistence of steel demand improvement.

For this round of increase, coke enterprises told China Securities Journal reporters that coke prices fell after five consecutive rounds, and coking coal prices failed to synchronously cut prices also began to rise, leading to increasing losses of coke enterprises, forced to limit production, the market coke supply decreased significantly.  Recently, the steel market has warmed up, and the profitability of steel enterprises has continued to recover. The resumption of blast furnace production has increased significantly, and coke is in short supply.

At the supply end, the current coke enterprise inventory low operation, the intensity of production reduction has been reduced.  The rising price of coking coal increases the cost of coke enterprises, which supports the price of coke strongly, and the market supply of coke is less, so the bullish sentiment of coke enterprises is higher.  On the demand side, the recent profitability of steel mills has improved, the demand for coke has increased, and steel enterprises have a certain replenishment demand.