?Core factor analysis 2. Upward price adjustment is close to the end, and spot price fa
lls to repair the basis; 2. Environmental protection production limit is lower than expected, and supply has not declined significantly; 3. Blast furnace operation rate rebounds slowly, and the inventory in the plant remains high. Risk factors 2. The spot price continued to rise, supporting the upward trend of futures price; 2. Market sentiment was affected by capacity reduction and environmental protection, and the trend became stronger. 1. The spot price has not been adjusted smoothly, or the coke basis of this year is close to the end, continuing the g
reat fluctuation trend of the past two years. At present, the basis is at a high level, which is mainly caused by the coking plant actively seeking price increase under the condition of low inventory, but the futures price is relatively pessimistic compared with the spot price under the influence of factors such as the
environmental protection is not as expected and the steel plant inventory is still healthy. We expect that the recovery path of high basis difference of Coke will be more likely to decline in spot price. Due to the low inventory and some traders' goods, coking enterprises actively seek to increase prices after the National Day holiday. However, t快三开奖频率20分钟 he in plant inventory of large and medium-sized steel plants did not decline significan
tly, and the coke price did not rise smoothly. Up to now, some steel plants with low coke inventory in the plant have accepted the three rounds of price increase requirements of the coking plant, with an increase of about 311 yuan. At present, steel prices are relatively pessimistic due to the impact of traders' expectation of reducing winter storage in the off-season. There is a risk of further reduction, and the price of coke may be close to the end. II. The intensity of environmental protection and production restriction is not as strong as expected. The three-year action plan to win the blue sky defense war issued by the State Council has replaced the ten articles of atmosphere as the main program document for local governments to carry out air pollution prevention and control.