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October Dalian Commodity Exchange futures extended weak consolidation of coke the major contract closed at yuan per ton slightly down by More recently the newly revised source tax hereinafter referred to as the Regulations announced that the rate of increase in coking coal resources but the news had little effect on the front yoke *** outlet Revised Regulations from November coking coal tax sources increased to - yuan per ton coal and others have not been adjusted from to yuan per ton fee Everbright Futures analyst in the high street International Finance News reporter said per ton of coking coal coke coke consumption of about tons of coke per *** outlet store ton is calculated on increase in coking coal resources increases tax will cost more than and then consider other energy tax sources increased costs more than per ton of coke which will have long-term futures prices really the cost of the opportunity to increase the cost impact is expected to support the strengthening *** outlet stores of the role but the key to the trend long term price of coke has been to see the demand Many analysts believe that the cost of upgrading can not raise prices and the relative bargaining power of other downstream coking enterprises downstream steel industry steel industry itself is weak which is in ***s store the winter road Kok-inch high profits of the company itself is not strong to the end of more than countries as a whole coking enterprises was only billion yuan in profits it must pass the cost pressures if not submitted to the loss However in the downstream turbulence coke enterprises can not raise ***s discount store prices with high costs only the internal digest process improvements and increase efficiency Market participants indicate that the coke industry the grim the extermination of future capacity integration of resources will be increased Gao Hua said Support the rate of formation of short-term increase in the cost of coking coal resources can not *** stores be held up one hand really really long-term market price of the commodity futures prices to consolidate the other hand the effect of the overall atmosphere will be exposed waiting for the downstream demand lower prices once the market potential for increased steel coke and will not be missed - Financial News reporter Jing Yi Zhang |