China's coking industry maintains stable growth in H1

Time:2019-08-13 09:14:02      Source: xinhuanet.com

China's coking industry grew steadily in the first half of 2019 with rising output and improving profitability, official data showed.

Thanks to growing market demand, coke output grew 6.7 percent year on year to 234 million tonnes, according to a statement from the Ministry of Industry and Information Technology.

Major steel producers saw its coke production reach 55 million tonnes in H1, up 5.8 percent from one year earlier.

Boosted by rising coke prices, the sector posted better profitability in the first half, according to the report.

The MIIT took Shanxi Province, China's major coke production base that accounts for more than one fifth of the country's total output, as an example, where coking enterprises saw their business revenues and profits in the January-May period up 15.4 percent and 17 percent year on year to 81.87 billion yuan (about 11.67 billion U.S. dollars) and 4.26 billion yuan, respectively.

Index RMB/t DoD Basis Date
Datong 5500 700 0 ex-mine 05-04
Shuozhou 5200 680 0 FOR 05-04
Ordos 5500 700 0 ex-mine 05-04
Yulin 6200 780 0 ex-mine 05-04
Liulin Low-sulphur 900 0 ex-mine 05-04
Gujiao Low-sulphur 1770 -50 FOR 05-04
Xingtai Low-sulphur 2360 0 ex-Factory 05-04
Yangquan PCI 1280 -30 FOR 05-04
Index RMB/t WoW WoW% Date
Qinhuangdao 507.0 1.0 0.20 05-04
Caofeidian 541.0 9.0 1.69 05-04
Huanghua 216.9 12.4 6.06 05-04
Guangzhou 291.2 3.0 1.04 04-27
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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