During the week ending February 17, coke prices in China have moved sideways week on week.
First-grade coke prices in Tangshan are at RMB 2,840/mt ($413.6/mt) ex-warehouse, remaining stable compared to February 10, according to SteelOrbis’ data.
Prices of coke in local markets in China
Product Name |
Specification |
Place of Origin |
Price（RMB/mt） |
Price ($/mt) |
Weekly Change（RMB/mt） |
Weekly Change（$/mt） |
Coke |
First grade （A<13.0,S<0.75,CSR>65.0） |
Hancheng, Shaanxi |
2,830 |
412.2 |
0.0 |
-4.7 |
Zibo, Shandong |
2,970 |
432.6 |
0.0 |
-5.0 |
||
Pingdingshan, Henan |
2,740 |
399.1 |
0.0 |
-4.6 |
||
Tangshan |
2,820 |
410.7 |
0.0 |
-4.7 |
||
Huaibei, Anhui |
2,840 |
413.6 |
0.0 |
-4.8 |
||
Average |
2,840 |
413.6 |
0.0 |
-4.8 |
All prices include 13 percent VAT.
During the given week, coke prices have remained unchanged. With steel demand from downstream users having improved gradually, pushing up steel prices and bolstering market sentiment, the positions of coke suppliers may strengthen in the coming week. Nevertheless, with coke supply having increased lately due to the rise in coking plants’ capacity utilization rates, coke suppliers may remain quite flexible in negotiations.
As of Friday, February 17, coke futures prices at Dalian Commodity Exchange (DCE) are at RMB 2,831.5/mt ($413/mt), rising by RMB 94.5/mt ($2.9/mt) or 3.5 percent compared to February 10.
$1 = RMB 6.8659
