Monthly increase of coke market price by 3.01% in August 2020

1、 Price trend

 

In August 2020, there was a round of increase in coke market. The mainstream price of Shanxi market was 1660 yuan / ton at the beginning of the month and 1710 yuan / ton at the end of the month, with an increase of 50 yuan / ton, or 3.01% monthly.

 

Sulfamic acid 99.80%

On August 30, the coke commodity index was 89.76, flat with yesterday, down 33.53% from 135.04 (September 13, 2018), and 159.05% 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)

 

Prices of regional specifications on August 31 were up and down compared with the same period of last month

Grade II metallurgical coke 1930 + 50 in Shanghai

Quasi first grade metallurgical coke 1990 + 50

Grade II metallurgical coke 1900 + 50 in Xuzhou

Quasi first grade metallurgical coke 1960 + 50

Secondary metallurgical coke 1840 + 50 in Weifang Area

Quasi first grade metallurgical coke 1900 + 50

Grade II metallurgical coke 1740 + 50 in Taiyuan Area

Quasi first grade metallurgical coke 1790 + 50

Secondary metallurgical coke 1700 + 50 in Jinzhong Area

Quasi first grade metallurgical coke 1760 + 50

Secondary metallurgical coke 1830 + 50 in Tangshan area

Quasi first grade metallurgical coke 1880 + 50

Grade 2 metallurgical coke 17100 in Shenyang

Quasi first grade metallurgical coke 17700

On August 18, Rizhao Iron and steel Holding Group Co., Ltd. raised the purchase price of coke by 50 yuan / ton on August 18. The specific situation after adjustment is as follows: 1. Quasi first grade (wet quenching) metallurgical coke: ash content ≤ 13, sulfur content ≤ 0.75, CSR ≥ 58, CRI ≤ 30, total water ≤ 7. After the increase, 1840 yuan / ton within the province and 1850 yuan / ton outside the province will be implemented; 2. Quasi first grade (dry quenching) metallurgy Gold coke: ash content ≤ 13, sulfur content ≤ 0.7, CSR ≥ 58, total water ≤ 7, the implementation of 1910 yuan / ton, regardless of inside and outside the province; the above are factory acceptance price including tax, implemented from 0:00 on August 19. Domestic main coke market followed up. This month, the start-up of iron and steel is still at a high level, and the demand for coke is good. The coke inventory of steel mills is maintained in the middle, and the procurement is mainly based on demand. Now, the mainstream quasi first grade wet quenching coke in Shanxi Province is reported to be about 1700-1800 yuan / ton. In most cases, the price of the downstream part is mainly stable. In terms of start-up, blast furnace operating rate is higher, coke inventory is acceptable.

 

Sulfamic acid 

Summary of domestic port coke market price (unit: yuan / ton)

 

Port varieties

August 1st, August 31st

Rizhao trade quasi primary trade secondary trade quasi primary trade secondary trade

1950 1850 2000 1900

Tianjin Trade quasi first class trade first class trade first grade trade first grade trade first grade

1950 2050 2000 2100

According to customs statistics, in July 2020, China exported 410000 tons of coke and semi coke, an increase of seven times over the same period of last year, with a month on month increase of 86.1%. From January to July, the total export volume was 2.15 million tons, a year-on-year decrease of 50.4%, and the accumulated export amount was 474.861 million US dollars, with a year-on-year decrease of 62.2%. As can be seen from the figure below, coke imports increased significantly in July. This month, the port price is in line with the spot market, with a monthly increase of 50 yuan / ton. As of the 31st, Rizhao Port and Qingdao port coke have been running steadily. Port concentration has improved and the market trading atmosphere is general. The ex warehouse price including tax is 1920 yuan / ton of quasi first grade coke and 2020 yuan / ton of first grade coke; 1900 yuan / ton of second grade coke, 2000 yuan / ton of quasi first grade coke and 2100 yuan / ton of first grade coke.

 

In the future market, the business agency believes that there are coking enterprises in Shanxi and Hebei regions intending to increase 50 yuan / ton in the second round on May 31. At present, no feedback has been received from steel mills. The inventory of downstream steel mills is in the middle. Most of the steel mills purchase on demand this month. With limited profits, they are more sensitive to high price coke price. It is expected that the future market of coke market will be stable temporarily.

sulphamic acid