DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c90156) has announced the
addition of "China Coal-Coking Industry & Listed Companies Report,
2007-2008" to their offering.
Coal-coking, as an auxiliary sector for the metallurgical
industry, is the most mature sector in technology and the most
representative of the coal chemical industry. China's coking
technology is advanced in the world and China is the biggest coke
producer, consumer and exporter in the world. In recent years, coking
market has had a gradual recovery, which has brought about a
continuous rise in prices of coking products. We herein believe that
the coking industry is on the upward trend from the perspective of
industry cycles.
Since the second half of 2005, the average export price of coke
had dropped dramatically. However, coke market had a rally in 2006 and
once had the largest gain, hitting US$33 per ton, in the year. Since
entering the year of 2007, the month-on-month growth in coke price has
even picked up. The third quarter of 2007 had the biggest gain, which
made coke price stand at US$203 per ton, representing an accumulated
rise of nearly US$60/ton in coke price compared to US$144 per ton
posted in the same period of 2006.
It is forested that in the period 2007 to 2008, China's growth of
apparent consumption volume of crude steel will remain around 11%,
which will be a powerful impetus to coke demand in China. Domestic
coke market, stimulated by steel price and coking cost, will also
strengthen coke price.
Companies Mentioned:
-Shanxi Coking Co., Ltd
-Shanxi Antai Group Co., Ltd
-Kailuan Clean Coal Co., Ltd
-Taiyuan Coal Gasification (Group) Co., Ltd
-Heilongjiang HeiHua Co., Ltd
-Yunnan Yunwei Co., Ltd
-Sichuan Shengda Industrial Co., Ltd
-Xinjiang International Industry Co., Ltd
For more information, visit
http://www.researchandmarkets.com/reports/c90156.
Research and Markets
Laura Wood
Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com
Copyright Business Wire 2008
