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In the past year, the coking industry in China basically turned a profit, and coke production and exports grew at the same pace. According to statistics from the National Bureau of Statistics and Customs, in 2006, China produced 297.68 million tons of coke, an increase of 17.1% year-on-year; coke exports were 14.4991 million tons, an increase of 13.59% year-on-year; and apparent coke consumption was 266 million tons, a year-on-year increase of 17.56%.
In 2006, the state introduced a number of macro-control measures, such as increasing the export tariffs on coke, raising environmental standards, and accelerating the adjustment of the coking industrial structure. Coking companies have a great influence. To cope with this situation, experts believe that in 2007 China's coking industry will intensify efforts to adjust the industrial structure. Coking companies must constantly improve the industrial chain and actively seek a scientific road to corporate development, such as the development of coke oven gas to methanol production. Has a good development prospects.
In the first quarter of 2007, the rapid development of China's steel industry provided support for the coking industry. At the same time, as the macro-control efforts of the national coking industry continue to increase, some of the outdated coking production capacity has been eliminated, which has also eased the operating situation of coking enterprises to some extent. Since 2007, the coke market has shown signs of recovery. In the first quarter, China exported 3.65 million tons of coke, and the FOB price was US$157.25 per ton, an increase of 20.07% and 29.85% year-on-year respectively.
Coking industry tends to balance supply and demand
From the second half of 2006, under the influence of market mechanism, the coking industry in China has initially completed a phase of self-adjustment. The overcapacity crisis has been alleviated to a certain degree, and the supply and demand situation has gradually tended to balance, and it has already reached the bottom of economic operation. , began to enter the "coking industry new spring." This was the consensus reached after the participants discussed the current coke market at the 2007 (China) Northern Coke Market Symposium held on May 15.