05
Jul
09:21
China's domestic coke stable amid slumping futures
Domestic coke prices remained stable last week due to solid restocking demand. However, the decline of the long-term contract price from Mongolia in Q3 dragged on futures on Friday.
The ex-works price of Lvliang quasi-first-grade wet quenching coke was assessed at CNY 1,800/t ($247.7/t) on Friday, flat over the week. Anze low-sulphur prime coking coal meanwhile increased CNY 20/t on-week to CNY 1,920/t.
The second-round coke price increase was still brewing, wit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous