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15 Mar
11:37

China's coking coal and coke remain in downturn

China's domestic coke prices fell as expected this week as steel demand remained sluggish. Unsold coking coal volumes in auctions added fuel to the price decline. Market participants expect coke prices to drop again next week. Kallanish assesses that on Friday Anze low Sulphur primary coking coal was CNY 2,000/tonne ($277.9/t) ex-works and Lvliang quasi-first-grade wet quenching coke stood at CNY1,800/t, both down CNY 100/t on-week. The subdued steel demand …
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