1、 Price trend

On March 13, the coke commodity index was 84.69, unchanged from yesterday, down 37.29% from 135.04 (2018-09-13), the highest point in the cycle, and up 144.42% from 34.65, the lowest point on March 3, 2016. (Note: cycle refers to 2011-09-01 to now).

2、 Trend analysis

Price: according to the data monitoring of business agency, the price of domestic coke market will be lowered this week. As of Friday, the mainstream price of secondary metallurgical coke in Shanghai is 1780 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1840 yuan / ton; the mainstream price of secondary metallurgical coke in Xuzhou is 1750 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1820 yuan / ton; the mainstream price of secondary metallurgical coke in Weifang, Shandong Province is 1740 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1800 yuan / ton; the mainstream price of secondary metallurgical coke in Taiyuan, Shanxi Province is 1640 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1820 yuan / ton The mainstream price of primary metallurgical coke is 1690 yuan / ton; the mainstream price of secondary metallurgical coke in Mudanjiang, Heilongjiang Province is 1680 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1740 yuan / ton; the mainstream price of secondary metallurgical coke in Shenyang, Liaoning Province is 1710 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1770 yuan / ton; the mainstream price of secondary metallurgical coke in Pingdingshan, Henan Province is 1800 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1900 yuan / ton; Hebei Province The mainstream price of secondary metallurgical coke in Tangshan is 1730 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1780 yuan / ton; the mainstream price of secondary metallurgical coke in Tianjin is 1750 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1850 yuan / ton; the mainstream price of secondary metallurgical coke in Panzhihua coke market in Sichuan is 1880 yuan / ton; the mainstream price of secondary metallurgical coke in Liupanshui coke market in Guizhou is 1970 yuan / ton; the mainstream price of Ordos coke market The main price of secondary metallurgical coke is 1400 yuan / ton. The port trades about 2050 yuan / ton of primary metallurgical coke, 1950 yuan / ton of quasi primary metallurgical coke and 1850 yuan / ton of secondary metallurgical coke.

Products: the price of domestic coke market fell this week, the enterprise mentality was poor, the market sentiment was poor, supply: the main production area of Shanxi Province has a high operating rate, the market supply is sufficient, but the recent delivery of coking enterprises is general. Downstream: the profit of the downstream steel plant is slightly higher than that of the earlier stage, but the purchase of coke is slightly slow and the demand is relatively soft. As for coking coal, the recent market trend is soft, the supply is sufficient, and the delivery situation is general. Some manufacturers have certain inventory. Up to now, the main quotation of quasi primary wet quenching coke in Shanxi Province is between 1600-1650 yuan / ton. In terms of ports, coking enterprises have transformed their stocks into ports. At present, the price of quasi first-class metallurgical coke in port areas has dropped to 1750 yuan / ton.

3、 Future forecast

The coke analysts of business club believe that the sufficient supply of Coke will last for a period of time in the short term, but because the demand side has not been better improved, the coke price is mainly weak consolidation.