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09 Apr
03:20

China’s coke prices rebound

The Chinese coke market has started to recover this week after several downward adjustments in the past month. This is mainly because coking companies are refusing to lower prices further after they began to approach cost levels, Kallanish notes. A market source tells Kallanish that after five rounds of declines in March, coke prices have fallen by CNY 250/tonne ($35/t). Sales prices from coking plants have basically reached their cost level. Prices of c…
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