15^th Steel Development Strategy Conference, host by SteelHome, was successfully held in International Convention Center during April 12-14, 2019. Around 1000 delegates from governments, associations, steel mills, miners, traders, research institutes attended the one of biggest events in China steel industry.

8^th International Raw Materials Supply Chain Summit, 9th Coal & Coke Development Strategy Conference, 7th China Commodities E-Commerce Summit and 2019 SteelHome Spring Report were simultaneously held.

On the morning of April 14, Liu Yajun, Director of Futures Department, Shanxi Yaxin Energy, made a speech on “How to Combine Metallurgical Coke Production, Trade and Futures”.

Liu Yajun, Director of Futures Department, Shanxi Yaxin Energy

Expectations of coking coal market in Q2 2019

Liu reviewed the output and export of coke. China is the largest coke exporter in the world, accounting for about 36% of the world's total coke trade. He also analyzed the influence of macro finance, currency and real estate on black industry chain, such as the influence of steelworks’ resumption on demand increment; the influence of electric furnace operating rate on coke price; the inventory pressure in the intermediate; the influence of environmental variables on coke supply; the analysis of the effectiveness of coke cost support. It is expected that coke supply in China will increase by 1-2% in 2019, and the significant supply gap will disappear. It is predicted that the average price of coke will decline in 2019.