B · Normal
[Russian coal spot resources at the port fell by 5-50%, and the coke market maintained stable operation] On September 17, the spot price of seaborne coking coal at the port was weak today. The inventory of coking coal at ports has been depleted on a week-on-week basis. Coal blending resources are still relatively abundant, and skeleton resources are expected to arrive at the port in the future. The terminal market has lowered prices for inquiries, and there is an obvious profit game. Quotations in the trade link are loose, coal blending resource concessions have increased, skeleton resource quotations are still strong, and the prices of some coal types have dropped by 5-50 yuan/ton. In the short term, coke prices are expected to remain stable, but there is limited room for continued growth. We need to pay attention to the trend of steel prices and whether terminal demand can be effectively released. (My Steel Net)
Comments