Home > Quick > Body

Coking coal demand has increased, and prices have risen by more than 34%.

clock
2024-05-13 11:37:51
Golden Ten Futures on May 13, this year, coking coal prices have shown a "V" shaped trend. At the beginning of the year, futures prices remained at around 1700 yuan per ton. After bottoming out in early April, they rebounded, rising from the lowest of 1400 yuan per ton on April 1 to the highest of 1889 yuan per ton on May 7, with a maximum increase of over 34%. Industry insiders said that coking coal is mainly used for blast furnace ironmaking, and the price depends on the prosperity of downstream steel enterprises. The reporter learned that the growth rate of industrial steel was obvious, and the profit of steel mills per ton of steel increased.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.