During the week ending June 8, metallurgical coke prices in
China have showed a further decrease, while demand has slowed down. Meanwhile, the 1209 coke futures contract price at Dalian Commodity Exchange has closed at RMB 1,785/mt ($282.5/mt).
Coke prices in China can be viewed in the SteelOrbis price reports section.
The ongoing softening of prices of finished steel has forced Chinese steel enterprises to reduce their outputs, resulting in lower demand for coke, thereby exacerbating the overcapacity issue in the coke market. Due to the uncertain trend of finished steel prices, it is expected that coke prices in
China will continue to trend down in the coming week.