Chinese coke market remains stable apart from increase in Tangshan

Friday, 12 October 2012 16:37:45 (GMT+3)   |  
       
During the week ending October 12, metallurgical coke prices have generally remained unchanged in the Chinese market, except in Tangshan where prices have increased by RMB 30/mt ($4.8/mt) week on week. On October 12, coke futures contract (1301) offers closed at RMB 1,555/mt ($248/mt) at Dalian Commodity Exchange. Local coke prices in the Chinese market can be viewed in the SteelOrbis price reports section.

 

After the National Day holiday (October 1-7), the coke market in China has seen an increase in coke order activity by steel mills. At the same time, however, most steel mills have succeeded in keeping their purchase prices stable. For the coming week, it is expected that coke prices in China will rise slightly.


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