During the week ending September 27, local coke prices in China have moved up compared to the previous week.
First-grade coke prices in Tangshan are at RMB 1,760/mt ($251/mt) ex-warehouse, moving up by RMB 55/mt compared to September 20, according to SteelOrbis’ data.
Prices of coke in local markets in China
Product Name |
Specification |
Place of Origin |
Price（RMB/mt） |
Price ($/mt) |
Weekly Change（RMB/mt） |
Weekly Change（$/mt） |
Coke |
First grade （A<13.0,S<0.75,CSR>65.0） |
Hancheng, Shaanxi |
1,720 |
245.4 |
55.0 |
9.7 |
Zibo, Shandong |
1,910 |
272.5 |
55.0 |
9.9 |
||
Pingdingshan, Henan |
1,760 |
251.1 |
55.0 |
9.7 |
||
Tangshan |
1,760 |
251.1 |
55.0 |
9.7 |
||
Huaibei, Anhui |
1,810 |
258.2 |
55.0 |
9.8 |
||
Average |
1,792 |
255.6 |
55.0 |
9.7 |
including 13 percent VAT
During the given week, coke prices in the Chinese domestic market have moved up amid tight supply. Meanwhile, steelmakers have been building up some stocks of coke as the National Day Holiday (October 1-7) is approaching. Finished steel prices have rebounded in the given week, stimulating the demand for coke. It is expected that coke prices in the Chinese domestic market will move up further after the long holiday.
On September 27, offer prices of coke CSR65 in the export market have been at $260/mt FOB, moving sideways compared to September 20.
As of September 27, coking coal futures at Dalian Commodity Exchange (DCE) are standing at RMB 1,402/mt ($200/mt), increasing by RMB 128/mt ($18.3/mt) or 10 percent since September 20, while up 4.86 percent compared to the previous trading day, September 26. Meanwhile, coke futures prices at Dalian Commodity Exchange (DCE) are standing at RMB 2,055/mt ($293/mt), increasing by RMB 172.5/mt ($24.6/mt) or 9.2 percent since September 20, while up 4.02 percent compared to the previous trading day, September 26.
$1 = RMB 7.0101
