China's first release of coke price index

China Drying Network On December 27, 2013, at the 2014 Shanxi Coke (International) Trading Center Market Summit Forum and Coke Fair held in Taiyuan, the coke price index (CSPI) for November 2013 was published at 81.20 points. This is the first release of the Coke Price Index (CSPI) in China.

It is reported that since the operation of the Shanxi Coke (International) Trading Center for one year, various types of dealers have registered for registration in the market and actively participated in the coke spot transaction. Both the number of dealers and the volume of transactions have made breakthrough progress. This year, the total turnover of the annual contract of all the dealers of the Coke Trading Center was 381, with a total turnover of 49 million tons. The cumulative turnover of the monthly contract was 11,300, and the total transaction volume was 141 million tons.

The Shanxi Coke (International) Trading Center was jointly initiated by the provincial coke group, together with large backbone coking enterprises inside and outside the province and a total of 33 shareholder companies representing a representative domestic steel company. As of December 23, the number of registered dealers in the Shanxi Coke Trading Center has reached 1,187, of which 923 are regular traders, including 179 manufacturing companies, 445 trading companies, and 299 end users. The coking enterprises in the province have all registered at the trading center. The domestic steel users such as Shougang, Tiangang, Hegang, Baosteel, and Shandong Steel have already entered the market for trading.

In 2013, it was the first year of the official operation of the trading center. Focusing on the goal of “regulating the market and discovering prices,” the Center strives to promote the six major issues of electronic trading services, contract management and price discovery, network management and information sharing, capacity coordination and logistics services, financial services, full-service and dispute resolution. The realization of service function. Successfully launched two kinds of electronic transaction modes: "collective ordering" and "daily solicitation transaction", which enabled traders to freely choose trading modes, sign electronic contracts online at any time, and complete the convergence of electronic transactions and highway transportation management systems.

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