Jinten Futures, January 7. On the afternoon of January 7, representatives of key coking companies held a special market analysis meeting. The supply and demand pattern and price trends in the coke market were thoroughly analyzed: coking companies were in a state of deep loss, and production limits remained at 15-35%. Coke and coking coal futures rose and stopped; black ones rose as a whole. Later expectations improved, and black market sentiment began to improve. The participating coking companies reached the following agreement: All companies will continue to take the initiative to limit and cut production to continue to ease supply pressure. Reduce or stop purchasing high-priced coal, optimize the coal inventory structure, and effectively control costs. Take the initiative to communicate with steel mills, stabilize prices, and resolutely stop shipping if prices are lowered again.

Zhitongcaijing · 4d ago
Jinten Futures, January 7. On the afternoon of January 7, representatives of key coking companies held a special market analysis meeting. The supply and demand pattern and price trends in the coke market were thoroughly analyzed: coking companies were in a state of deep loss, and production limits remained at 15-35%. Coke and coking coal futures rose and stopped; black ones rose as a whole. Later expectations improved, and black market sentiment began to improve. The participating coking companies reached the following agreement: All companies will continue to take the initiative to limit and cut production to continue to ease supply pressure. Reduce or stop purchasing high-priced coal, optimize the coal inventory structure, and effectively control costs. Take the initiative to communicate with steel mills, stabilize prices, and resolutely stop shipping if prices are lowered again.