During the week ending February 13, local coke prices in China have remained stable compared to February 6.
First-grade coke prices in Tangshan are at RMB 1,655/mt ($238.3/mt) ex-warehouse, moving sideways compared to February 6, according to SteelOrbis’ data.
Prices of coke in local markets in China
| Product Name | Specification | Place of Origin | Price（RMB/mt） | Price ($/mt) | Weekly Change（RMB/mt） | Weekly Change（$/mt） |
| Coke | First grade （A<13.0,S<0.75,CSR>65.0） | Hancheng, Shaanxi | 1,555 | 223.9 | 0.0 | 0.7 |
| Zibo, Shandong | 1,690 | 243.3 | 0.0 | 0.8 | ||
| Pingdingshan, Henan | 1,540 | 221.7 | 0.0 | 0.7 | ||
| Tangshan | 1,655 | 238.3 | 0.0 | 0.8 | ||
| Huaibei, Anhui | 1,590 | 228.9 | 0.0 | 0.7 | ||
| Average | 1,606 | 231.2 | 0.0 | 0.7 |
including 13 percent VAT
Prices of coking coal in local markets in China
| Product Name | Specification | Place of Origin | Price（RMB/mt） | Price ($/mt) | Weekly Change（RMB/mt） | Weekly Change（$/mt） |
| Coking Coal | A9,S0.4,V19,G88 | Linfen low-sulfur primary coking coal | 1,570 | 225.6 | 0.0 | 0.0 |
| A10.5,S3,V25,G80 | Lveliang high-sulfur primary coking coal | 1,128 | 162.1 | -52.0 | -7.5 | |
| A10,S1.8,V21,G90 | Jinzhong medium-sulfur primary coal | 1,201 | 172.6 | 15.0 | 2.2 | |
| A12,S1.2,V37.G90 | Linfen low-sulfur 1/3 coking coal | 1,190 | 171.0 | 0.0 | 0.0 | |
| Average | 1,272.25 | 182.8 | -9.3 | -1.3 |
Coke prices in the Chinese domestic market have remained stable in the past week. Market players have gradually left the market for the holiday, resulting in quiet activities. As the Chinese New Year holiday (February 14-23) is approaching, coke prices in the Chinese domestic market will move sideways in the coming week.
Some coking coal miners have halted production for the holiday period, resulting in reduced supply to the market. Meanwhile, transaction activities in the coking coal market are quiet.
On February 13, offer prices of CSR65 coke in the export market stand at $235-238/mt FOB, moving sideways compared to February 6.
At the same time, there has been a rumor about an ex-Indonesia CSR 63/65 coke sale at $250/mt FOB in the past week. But market sources believe that prices for coke have already reached a peak and will not be supported by the shortage of Australia coking coal, which has already started to ease.
As of February 13, coking coal futures at Dalian Commodity Exchange (DCE) are standing at RMB 1,121/mt ($161.5/mt), decreasing by RMB 17.5/mt ($2.5/mt) or 1.5 percent since February 6, while decreasing by 0.31 percent compared to the previous trading day, February 12. Meanwhile, coke futures prices at Dalian Commodity Exchange (DCE) are standing at RMB 1,682/mt ($242/mt), declining by RMB 16.5/mt ($2.4/mt) or 1.0 percent since February 6, while rising by 1.05 percent compared to the previous trading day, February 12.
$1 = RMB 6.9398