During the week ending April 11, local coke prices in China have remained stable compared to the previous week.
First-grade coke prices in Tangshan are at RMB 1,375/mt ($191/mt) ex-warehouse, remaining stable compared to March 28, according to SteelOrbis’ data.
Prices of coke in local markets in China
| Product Name | Specification | Place of Origin | Price（RMB/mt） | Price ($/mt) | Weekly Change（RMB/mt） | Weekly Change（$/mt） |
| Coke | First grade （A<13.0,S<0.75,CSR>65.0） | Hancheng, Shaanxi | 1,335 | 185.2 | 0.0 | -0.9 |
| Zibo, Shandong | 1,525 | 211.5 | 0.0 | -1.0 | ||
| Pingdingshan, Henan | 1,375 | 190.7 | 0.0 | -0.9 | ||
| Tangshan | 1,375 | 190.7 | 0.0 | -0.9 | ||
| Huaibei, Anhui | 1,425 | 197.7 | 0.0 | -0.9 | ||
| Average | 1,407 | 195.2 | 0.0 | -0.9 |
including 13 percent VAT
Prices of coking coal in local markets in China
| Product Name | Specification | Place of Origin | Price（RMB/mt） | Price ($/mt) | Weekly Change（RMB/mt） | Weekly Change（$/mt） |
| Coking Coal | A9,S0.4,V19,G88 | Linfen low-sulfur primary coking coal | 1,330 | 184.5 | 50.0 | 6.1 |
| A10.5,S3,V25,G80 | Lveliang high-sulfur primary coking coal | 1,013 | 140.5 | 90.0 | 11.9 | |
| A10,S1.8,V21,G90 | Jinzhong medium-sulfur primary coal | 1,038 | 144.0 | 8.0 | 0.4 | |
| A12,S1.2,V37.G90 | Linfen low-sulfur 1/3 coking coal | 1,030 | 142.9 | 50.0 | 6.3 | |
| Average | 1,102.75 | 153.0 | 49.5 | 6.2 |
During the given week, average coking coal prices in the Chinese domestic market have seen slight rises amid sufficient new orders and relatively low inventories. The tariff issue between the US and China has exerted a negative impact on market sentiments. Steelmakers’ profitability has shrunk, which may weaken the support for coking coal prices.
Coke prices have moved sideways in the given week. However, mainstream coke plants attempted to raise their coke prices by RMB 50-55/mt, while no response has been heard from steelmakers yet. Steelmakers’ relatively high capacity utilization rates have bolstered coke prices firmly. On April 9, US President Trump announced that he will pause the enforcement of country-specific reciprocal tariffs for 90 days, setting basic tariffs at a minimum level of 10 percent, though he raised the “stacked” tariffs on China to a combined 125 percent. Against this backdrop, coke prices in the Chinese market may edge up in the coming week.
On April 11, offer prices of coke CSR65 in the export market have been at $224/mt FOB, decreasing by $2/mt compared to late March.
As of April 11, coking coal futures at Dalian Commodity Exchange (DCE) are standing at RMB 996.5/mt ($124/mt), decreasing by RMB 131.5/mt ($18.3/mt) or 12.8 percent since March 28, while down 2.72 percent compared to the previous trading day, April 10. Meanwhile, coke futures prices at Dalian Commodity Exchange (DCE) are standing at RMB 1,522/mt ($211/mt), decreasing by RMB 95.5/mt ($13.3/mt) or 5.9 percent since March 28, while down 1.42 percent compared to the previous trading day, April 10.
$1 = RMB 7.2087