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01 Mar
06:13

China's coking coal, coke prices drop

China's domestic coke prices dropped further over the last week. Coking coal values followed coke lower amid recovering supply after the holiday. However, the market expects squeezed coking margins and improved steelmaking margins could underpin coke prices in the near term. Kallanish assesses that Luliang quasi-first-grade wet quenching coke slipped CNY 100/tonne ($13.9) week-on-week to CNY 1,900/t. As domestic coke has declined by CNY 400/t since January, …
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