During the week ending November 25, average metallurgical coke prices in the Chinese domestic market have continued their upward trend, while transaction activity in the overall market has been at medium levels. As of November 25, coke futures contract (1701) offers at Dalian Commodity Exchange closed at RMB 2,143/mt ($310/mt), up $18/mt week on week. Average coke prices in the local Chinese market are presented in the following table.
During the given week, coke futures prices have indicated some fluctuations and overall transaction activity has been slacker than in the previous week. In recent days, speculative activity in the ferrous metal futures market in China has resumed again. It is expected that coke prices in the Chinese domestic market will likely continue to move up in the coming week.
| Product name | Specification | Place of origin | Price (RMB/mt) | Price ($/mt) | Weekly change (RMB/mt) |
| Coke | Second grade | Hancheng, Shaanxi | 1,950 | 282 | ↑150 |
| Zibo, Shandong | 2,120 | 307 | 0 | ||
| Pingdingshan, Henan | 2,000 | 289 | ↑120 | ||
| Tangshan | 2,100 | 304 | 0 | ||
| Huaibei, Anhui | 2,100 | 304 | ↑50 | ||
| Average | 2,054 | 297 | ↑64 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.91