According to the reported released by Huang Jingan, the president of CCIA (China Coke Industry Association), the domestic coke market will continue emerging a downward trend in the short run. Even though Chinese coke apparent consumption rose by 13.3% year-on-year to 354.99 million metric tons in January to October of this year, it is impossible for the domestic coke market to continue such a growth rate in next year.
Squeezed by the upstream and downstream related industries, Chinese coke industry has already stepped into a low-profit epoch. As a consequence, we could see that some coking plants will be eliminated very quickly and the other coke enterprises will focus on the deep-processing and value-added products development.