The domestic metallurgical coke market in China has followed a stable trend in the past week, with market activity reported to be lively.
Coke prices in Chinese domestic market
Product name |
Specification |
Place of origin |
Price ($/mt) |
Coke |
Second grade |
Hancheng, Shaanxi |
275 |
Zibo, Shandong |
291 |
||
Pingdingshan, Henan |
303 |
||
Shanghai |
313 |
||
Huaibei, Anhui |
298 |
||
Average |
296 |
The prices of coking coal in the domestic market have remained unchanged in the past week, with prices still quite high on the back of strong demand.
Due to improved weather conditions, production of coke in China increased in the past week. As of Tuesday this week, the prices of coke in the main markets in China indicated no significant change. Grade II coke in Hancheng, Shanxi Province and in Huaibei, Anhui Province stands at RMB 1,800/mt ($275.2/mt) and RMB 1,950/mt ($298.2/mt) respectively. Meanwhile, prices in other areas remained in the range of RMB 1,800-2,050/mt ($275.2-313.5/mt). With market activity quite lively these days, coke producers are inclined to raise their prices. However, since coke prices have been high for some time, there might be resistance to further increases.