During the week ending September 19, local coke prices in China have moved down compared to September 12.
First-grade coke prices in Tangshan are at RMB 1,560/mt ($220/mt) ex-warehouse, decreasing by RMB 55/mt compared to September 12, according to SteelOrbis’ data.
Prices of coke in local markets in China
| Product Name | Specification | Place of Origin | Price（RMB/mt） | Price ($/mt) | Weekly Change（RMB/mt） | Weekly Change（$/mt） | |
| Coke | First grade （A<13.0,S<0.75,CSR>65.0） | Hancheng, Shaanxi | 1,500 | 210.9 | -55.0 | -8.1 | |
| Zibo, Shandong | 1,635 | 229.9 | -55.0 | -8.1 | |||
| Pingdingshan, Henan | 1,485 | 208.8 | -55.0 | -8.1 | |||
| Tangshan | 1,560 | 219.3 | -55.0 | -8.1 | |||
| Huaibei, Anhui | 1,535 | 215.8 | -55.0 | -8.1 | |||
| Average | 1,543 | 216.9 | -55.0 | -8.1 |
including 13 percent VAT
Prices of coking coal in local markets in China
| Product Name | Specification | Place of Origin | Price（RMB/mt） | Price ($/mt) | Weekly Change（RMB/mt） | Weekly Change（$/mt） |
| Coking Coal | A9,S0.4,V19,G88 | Linfen low-sulfur primary coking coal | 1,510 | 212.3 | 90.0 | 12.3 |
| A10.5,S3,V25,G80 | Lveliang high-sulfur primary coking coal | 1,030 | 144.8 | -31.0 | -4.6 | |
| A10,S1.8,V21,G90 | Jinzhong medium-sulfur primary coal | 1,023 | 143.8 | -58.0 | -8.4 | |
| A12,S1.2,V37.G90 | Linfen low-sulfur 1/3 coking coal | 1,120 | 157.5 | 0.0 | -0.2 | |
| Average | 1,170.75 | 164.6 | 0.3 | -0.2 |
Coke prices in the Chinese domestic market have softened. Demand from downstream users has improved amid stock replenishments ahead of the National Day holiday (October 1-8). Currently, inventories of coke are at relatively low levels, bolstering prices. At the same time, molten iron outputs have gradually increased, which will positively affect the demand for coke. It is expected that coke prices in the Chinese domestic market will move sideways in the coming week.
During the given week, average coking coal prices in the Chinese domestic market edged down first while moving up later. The supply of coking coal has been steady, while downstream users have started to replenish stocks ahead of the long National Day holiday (October 1-8).
On September 19, offer prices of coke CSR65 in the export market have been at $230/mt FOB.
As of September 19, coking coal futures at Dalian Commodity Exchange (DCE) are standing at RMB 1,232/mt ($173.5/mt), increasing by RMB 87.5/mt ($12.3/mt) or 7.6 percent since September 12, while up 1.36 percent compared to the previous trading day, September 18. Meanwhile, coke futures prices at Dalian Commodity Exchange (DCE) are standing at RMB 1,738.5/mt ($245/mt), rising by RMB 113/mt ($16/mt) or 7.0 percent since September 12, while up 0.75 percent compared to the previous trading day, September 18.
$1 = RMB 7.1128