The coke guiding price in Shanxi and Hebei rose more than 150 yuan

August 10 MetalBiz--Reporters was informed from Shanxi Coking Industry Association on August 8, the coke guiding price is 1,880 yuan/per ton in August, up 170 yuan per ton over July (the quality is based on sulfur-containing ≤0.7 and coke ash containing≤ 12.5, including tax).

The principals from Shanxi Coking Industry Association said that since July, the steel price has rising continuously and the coking coal is not only with a tight supply, but also the price increased by 100-200 yuan per ton, which resulted in the more serious losses in coking enterprises, especially Shanxi coking firms. It is reported that Shanxi Coking Industry Association suggests enterprises to arrange production with a 30% production curtailment to stabilize the market supply and lower the inventories, while the previous production limitation rate was 50%.

According to the determination of Hebei Coking Industry Association, after the price adjustment in August, the EXW price of second-grade and first-grade coke is 1,850 yuan /ton and 1,900 yuan/ ton respectively, the guiding price of coal tar oil is provisionally set to 2,300 yuan/ ton and crude benzol is 3,900 yuan per ton.

The insiders of coking enterprises pointed out that the main reason to promote the coke price is the significant rising of coking coal in Shanxi Coking Coal and Longmay Group, at the same time, the crazy increasement in the steel price in August also spur the coking coal price, together with the external factors such as difficulties in local transportation and resources.