The price of coke began to rise in the first round after five rounds of rise and fall. On August 11, as the mainstream steel mills in North and East China accepted an increase in the purchase price of coke from 200 yuan / ton to 240 yuan / ton, the first round of coke increase was fully implemented. With the recovery of the steel market, the production capacity of coke enterprises has increased in the near future. According to Mysteel, as of Aug. 4, the capacity utilization rate of 230 independent coking enterprises was 65.35%, an increase of 0.73% over the previous period. Although coke prices have started the first round of increases, industry insiders believe that "there is little possibility of continuous increases in the later stage."
焦炭首轮提涨全面落地执行,专家称连续性提价概率小
The first round of coke increase was fully implemented, and experts said that the probability of continuous price increase was small.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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