CHINA COKE WRAP: Exports still inactive but prices picking up

China’s coke exports have been largely subdued in the past month, with transactions for materials with mainstream metallurgical specifications and a rebound in prices reported only recently.

Two early-March-laycan cargoes of coke with 65% coke strength after reaction (CSR) were heard to have changed hands at $250 per tonne fob China early last week. They were likely meant for Japan and India, according to a source familiar with the transactions.
Metal Bulletin’s price assessment for coke cargoes with 65% CSR, 12.50% ash and physical sizes of 30-90mm was $250-265 per tonne fob China on Tuesday March 7, compared with $250-260 per tonne a week earlier and $275-280 per tonne fob a month ago.

Prices had fallen all the way from a high of $345-350...


July Zhang

March 08, 2017

06:44 GMT