China AM: Coking coal, coke futures rise

China’s coking coal and coke futures rose during morning trading on Wednesday October 10, while the steel and iron ore contracts ended the session largely flat.

Futures closing prices – morning session Shanghai Futures Exchange January rebar: 4,047 yuan ($584) per tonne, unchanged January hot-rolled coil: 3,954 yuan per tonne, down 3 yuan per tonne Dalian Commodity Exchange January iron ore: 516 yuan per tonne, up 2 yuan per tonne January coking coal: 1,383 yuan per tonne, up 46 yuan per tonne January coke: 2,475 yuan per tonne, up 27.50 yuan per tonne Raw materials China’s metallurgical coke market has shown signs of strengthening after the country’s Golden Week break amid increases in the futures market. A source at a mill in east China told Fastmarkets MB on Tuesday morning that the mill was highly likely to...

Published

Jessica Zong

October 10, 2018

08:15 GMT

Shanghai