First-grade coke prices in Tangshan are at RMB 1,600/mt ($232/mt) ex-warehouse, moving sideways compared to March 6, according to SteelOrbis’ data.
Prices of coke in local markets in China
| Product Name | Specification | Place of Origin | Price（RMB/mt） | Price ($/mt) | Weekly Change（RMB/mt） | Weekly Change（$/mt） |
| Coke | First grade （A<13.0,S<0.75,CSR>65.0） | Hancheng, Shaanxi | 1,500 | 217.5 | 0.0 | 0.2 |
| Zibo, Shandong | 1,635 | 237.1 | 0.0 | 0.2 | ||
| Pingdingshan, Henan | 1,485 | 215.3 | 0.0 | 0.2 | ||
| Tangshan | 1,600 | 232.0 | 0.0 | 0.2 | ||
| Huaibei, Anhui | 1,535 | 222.6 | 0.0 | 0.2 | ||
| Average | 1,551 | 224.9 | 0.0 | 0.2 |
including 13 percent VAT
Prices of coking coal in local markets in China
| Product Name | Specification | Place of Origin | Price（RMB/mt） | Price ($/mt) | Weekly Change（RMB/mt） | Weekly Change（$/mt） |
| Coking Coal | A9,S0.4,V19,G88 | Linfen low-sulfur primary coking coal | 1,450 | 210.3 | -30.0 | -4.1 |
| A10.5,S3,V25,G80 | Lveliang high-sulfur primary coking coal | 1,228 | 178.1 | 67.0 | 9.9 | |
| A10,S1.8,V21,G90 | Jinzhong medium-sulfur primary coal | 1,185 | 171.8 | 0.0 | 0.2 | |
| A12,S1.2,V37.G90 | Linfen low-sulfur 1/3 coking coal | 1,070 | 155.2 | -30.0 | -4.2 | |
| Average | 1,233.25 | 178.8 | 1.8 | 0.4 |
During the given week, coke prices in the Chinese domestic market have moved sideways following the declines in the previous week. Coking plants’ capacity utilization rates have remained stable, while downstream users’ inventory consumption has been smooth, exerting a positive impact on coke prices. It is expected that coke prices in the Chinese domestic market will move on a stable trend or post some increases in the coming week.
Coking coal miners’ outputs have basically remained stable, while more inquiries have been heard at firm levels, positively affecting market sentiments. However, the war in the Middle East has pushed up crude oil prices, which will bolster coking coal prices.
On March 13, offer prices of coke CSR65 in the export market were at $235/mt FOB, decreasing by $3/mt from the higher end of the range compared to March 6.
As of March 13, coking coal futures at Dalian Commodity Exchange (DCE) are standing at RMB 1,178/mt ($171/mt), increasing by RMB 55/mt ($8/mt) or 4.9 percent since March 6, while increasing by 1.51 percent compared to the previous trading day, March 12. Meanwhile, coke futures prices at Dalian Commodity Exchange (DCE) are standing at RMB 1,737.5/mt ($252/mt), rising by RMB 42/mt ($6.1/mt) or 2.5 percent since March 6, while increasing by 0.61 percent compared to the previous trading day, March 12.
$1 = RMB 6.9007