During the week ending April 14, metallurgical coke prices in the Chinese domestic market have mostly increased, though prices have declined in the province of Henan, while transaction activity in the overall market has been at medium levels. As of April 14, coke futures contract (1709) offers at Dalian Commodity Exchange closed at RMB 1,612/mt ($235/mt), down $30/mt week on week. Average coke prices in the local Chinese market are presented in the following table.
During the given week, Chinese domestic ferrous metal futures prices have decreased, exerting negative pressure on coke prices in the spot market. However, import coke prices have moved up significantly due to the effects of Cyclone Debbie in Australia, and accordingly domestic coking plants and traders in China immediately pushed up their coke prices. It is thought that Chinese domestic coke prices will likely move sideways in the coming period.
| Product name | Specification | Place of origin | Price (RMB/mt) | Price ($/mt) | Weekly change (RMB/mt) |
| Coke | Second grade | Hancheng, Shaanxi | 1,780 | 259 | ↑80 |
| Zibo, Shandong | 1,880 | 273 | ↑30 | ||
| Pingdingshan, Henan | 1,750 | 254 | ↓50 | ||
| Tangshan | 1,850 | 269 | 0 | ||
| Huaibei, Anhui | 1,850 | 269 | ↑50 | ||
| Average | 1,822 | 265 | ↑22 |
17 percent VAT is included in all prices and all prices are ex-warehouse.
$1 = RMB 6.88