During the week ending October 25, coke prices in the local Chinese market have been stable or have moved up slightly, with market activity at normal levels. As of October 25, the coke futures contract (1401) offers at Dalian Commodity Exchange closed at RMB 1,594/mt ($260/mt), down $8/mt week on week. Local coke prices in the Chinese domestic market can be viewed in the SteelOrbis price reports section.
The uptrend seen in the coke market in the north of China is mainly attributable to the increase in share of sales of high quality coke products following recent government measures relating to environmental protection. In other regions, coke prices are mostly unchanged week on week. It is expected that Chinese domestic coke prices will mainly trend sideways in the coming week.