PRICING NOTICE: Proposal to amend weekly Chinese metallurgical coke export price assessment specifications

Fastmarkets proposes to amend the specifications of its Chinese metallurgical coke export price assessment.

The CSR for the Coke 65% CSR, fob China, $/tonne assessment would be changed from 65% to 62% to align more closely with the most common products traded in the spot market.
The newly proposed specifications are as follows:
Price: US$/metric tonne
Basis: fob Tianjin
Trade size: 35,000 tonnes; minimum 5,000 tonnes
Cargo type: Non-blended
Laycan: Within 45 days
Coke strength after reaction (CSR): 62%; minimum 60%
Moisture = 5%
Coke powder = 5%
Volatile matter: 1.4%; range 1-1.5%
Ash: 12.5%; range 11-13.5%
Sulphur: 0.65%; range 0.4-0.8%
Phosphorus: 0.035%
Physical size: 30-90mm; range 25-100mm
Publication: Every Tuesday, unless it is on a Chinese public holiday
The current specifications are as below:
Price: US$/metric tonne
Basis: fob Tianjin
Trade size: 35,000 tonnes; minimum 5,000 tonnes
Cargo type: Non-blended
Laycan: Within 45 days
Coke strength after reaction (CSR): 65%; minimum 63%
Volatile matter: 1.5%; range 1-1.5%
Ash: 12.5%; range 11-13.5%
Sulphur: 0.65%; range 0.4-0.8%
Phosphorus: 0.035%
Physical size: 30-90mm; range 25-100mm
Publication: Every Tuesday, at 7pm Singapore time
The consultation period for this proposed amendment starts on March 3 and will end on April 6. The amendment will then take place, subject to market feedback, on April 12.
To provide feedback on this weekly assessment, or if you would like to provide price information by becoming a data submitter to this assessment, please contact Min Li by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Min Li, re: amendment to the specifications of Chinese metallurgical coke export price assessment.”
To see all Fastmarkets’ pricing methodology and specification documents go to https://www.fastmarkets.com/methodology-and-compliance.

Min Li

min.li@fastmarkets.com

Published

Min Li

March 03, 2022

09:54 GMT

Shanghai