As of January 20, the average spot price of second grade coke in China stands at $303/mt, unchanged week on week. Coke prices in China can be viewed in the SteelOrbis price reports section.
This week, the last trading week before the Chinese Spring Festival, most coke producers have been completing previous orders, while new deals in the market have become scarcer. With the increased demand on transportation ahead of the Spring Festival, and also given the rain and snow in the northern region of China, shipments of coke have been negatively affected and this has contributed to the relative firmness of domestic coke prices.
Coke prices in China are not expected to indicate any change in the coming week.