During the week ending May 31, metallurgical coke prices in the local Chinese market have generally been stable, apart from the decrease seen in Tangshan. As of May 31, coke futures contract (1309) offers at Dalian Commodity Exchange closed at RMB 1,468/mt ($236/mt), down $13/mt week on week. Local coke prices in the Chinese domestic market can be viewed in the SteelOrbis price reports section.
In Tangshan, several small coking plants have continued to lower their offers in view of decreasing finished steel prices. Meanwhile, most major coking plants in China have kept their coke prices stable in the past week. As for the coming week, it is expected that Chinese domestic coke prices will move on a soft trend.