CHINA COKE WRAP: Prices fall despite coking production cuts

China’s domestic and export coke prices have continued to fall this week, despite production restrictions imposed on cokeries in some of the main producing areas.

A November-delivery cargo with a coke strength after reaction (CSR) of 65% reportedly changed hands at around $360 per tonne fob China this week, compared with the transaction price of $380 per tonne fob for such material last month.
Metal Bulletin’s price assessment for coke shipments with 65% CSR, 12.50% ash, and in physical sizes of 30-90mm, was $355-360 per tonne fob on Tuesday October 10.
This was down $10-15 per tonne from a fortnight earlier (prices were rolled over on October 3 due to the Nation Day holiday week in China), and $15-20 per tonne lower than $370-380 per tonne in mid-September, which was the highest level since Metal Bulletin's assessment was launched in March 2015.
Domestic turnaround



July Zhang

October 13, 2017

19:15 GMT