The first batch of products monitored and released by China's coking product price index are coke, coal tar and crude benzene.
China's coking product price index was first introduced at the 2006 National Coke Market Situation Seminar held in Beijing on February 28. The initial set of products monitored and released under the index included coke, coal tar, and crude benzene. These products are essential raw materials for various industrial processes, particularly in the steelmaking industry, where coke plays a critical role. Changes in the prices of coking products not only reflect the economic performance and development trends of the coking sector but also directly impact the production decisions, operational strategies, and cost structures of enterprises in the steel and coal chemical industries.
As a result, the price trends of coke and related by-products have long attracted significant attention from both within and outside the industry. To better support macroeconomic regulation, provide the industry association with accurate and timely market information, and offer enterprises reliable data for business decision-making, the China Coking Industry Association, the Metallurgical Industry Price Information Center, and the Metallurgy Research Institute jointly decided to establish a comprehensive price monitoring system for coking products across the country.
At the seminar, for the first time, the price index maps for three key products—coke (with particle sizes ≥25-40 mm and >40 mm), coal tar, and crude benzene—were released, covering the period from April 1994 to February 2006. The base period for the index was set as April 1994, and the calculation method used was a weighted average approach, ensuring a more accurate reflection of market dynamics over time. This initiative marked a significant step forward in enhancing transparency and stability in the coking industry.
Game Tent,Diy Tent
Ningbo Tuofeng Outdoor Products Co., Ltd. , https://www.tuofengoutdoor.com