During the week ending September 14, metallurgical coke prices in the Chinese market have maintained a stable trend on the whole. Coke futures contract prices at Dalian Commodity Exchange are at around RMB 2,230/mt ($349/mt). Second grade coke prices in the Chinese market are unchanged week on week, still standing at $306/mt. Local coke prices in China can be viewed in the SteelOrbis price reports section.
Steel mills in the northwestern region of China have made moderate increases in their coke inventories, while mills in central China and in the northern region have not yet started to replenish their inventories. On the other hand, coke inventory at southern Chinese steel mills has slightly decreased. As market insiders state, the overall inventory levels constitute a solid source of support for domestic coke prices. Meanwhile, there have been some temporary halts of coke production activity in Shanxi Province. It is thought that coke prices in China will probably maintain their firmness in the coming period.