Mysteel Coking Coal: Port spot coke market remains stable for now

robot
Abstract generation in progress

March 4th, Mysteel Coal & Coke: The port coke spot market is currently stable. The trading atmosphere in the domestic spot market is moderate, with trade volumes at both ports slightly higher than the previous working day. Total inventories at both ports remain stable compared to the previous day. Rizhao Port 45 flat, Qingdao Port 71 flat, total inventory 116, up 2 from last week. Future trends will depend on downstream steel mills’ profit levels, changes in coking coal costs, and market sentiment in futures trading, which may influence port coke prices. The current prices for various types of coke at ports are as follows:
Trade spot cash-out:

  • Quasi-First Grade (Wet Quench) Coke: 1,470 RMB/ton (-)
  • Quasi-First Grade (Dry Quench) Coke: 1,670 RMB/ton (-)
  • First Grade (Wet Quench) Coke: 1,570 RMB/ton (-)
  • Coke Granules: 1,200 RMB/ton (-)
  • Coke Powder: 970 RMB/ton (-)

Factory acceptance close:

  • Second Grade (Wet Quench) Coke: 1,420 RMB/ton (-)
  • Quasi-First Grade (Wet Quench) Coke: 1,520 RMB/ton (-)
  • Quasi-First Grade (Dry Quench) Coke: 1,725 RMB/ton (-)
  • First Grade (Wet Quench) Coke: 1,620 RMB/ton (-)
  • First Grade (Dry Quench) Coke: 1,940 RMB/ton (-)

FOB Export:

  • CSR62 First Grade Coke: $228/ton (-)
  • CSR65 First Grade Coke: $238/ton (-)
  • 10-30mm Coke Granules: $187/ton (-)
  • 0-10mm Coke Powder: $145/ton (-)

(My Steel Network)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin