Coke Market Report June 2014
2014-07-09 18:26:41 【Print】
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Excessive capacity and low prices in steel market was unfavorable for coke market. Coke market moved down in June with prices in some regions already down, but some steel and coking enterprises had not yet determined the price decline. As a result, it’s expected that this price decline storm in coke market will not to be eased until early July. Coke market is expected to continue to go down in early July. Declining upstream coking coal market offers less supports for coke prices. Coke prices are likely to drop further in mid and late-July, but it still takes time to make sure the actual development.
