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10 Jan
10:30

Domestic Chinese coke drops further

China's domestic coke price dropped another CNY 100/t ($13.4/t) on 10 January. Lower domestic coking coal prices and slumping steel futures price both contributed. Any further decline is doubted however. First level wet quenching coke delivered to steelmakers in Hebei is at CNY 2,410/t since 10 January, down CNY 100/t on-week. This has specifications of A≤12.5%, S≤0.7%, CSR≥65. This price had fallen the first time on 3 January after CNY 300/t of incre…
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