Port Coke Spot Market Operating Steadily for Now

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March 17, Mysteel Coal & Coke: The spot market for coke at ports is currently stable. The domestic spot market has a generally moderate trading atmosphere, with trade volumes at both ports fluctuating and strengthening compared to the previous working day. Total inventories at both ports are slightly decreasing compared to the previous day. Rizhao Port decreased by 1, Qingdao Port remained flat, with total inventories at 112, down 3.3 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 port prices for various coke types are as follows:
Trade cash-out:

  • Quasi-First Grade (Wet Quench) Coke Spot: 1470 RMB/ton (-)
  • Quasi-First Grade (Dry Quench) Coke Spot: 1670 RMB/ton (-)
  • First Grade (Wet Quench) Coke Spot: 1570 RMB/ton (-)
  • Coke Granules Spot: 1200 RMB/ton (-)
  • Coke Powder Spot: 970 RMB/ton (-)

Factory Acceptance Close:

  • Second Grade (Wet Quench) Coke: 1370 RMB/ton (-)
  • Quasi-First Grade (Wet Quench) Coke: 1470 RMB/ton (-)
  • Quasi-First Grade (Dry Quench) Coke: 1670 RMB/ton (-)
  • First Grade (Wet Quench) Coke: 1570 RMB/ton (-)
  • First Grade (Dry Quench) Coke: 1885 RMB/ton (-)

FOB Export:

  • CSR62 First Grade Coke: $225/ton (-)
  • CSR65 First Grade Coke: $235/ton (-)
  • 10-30mm Coke Granules: $187/ton (-)
  • 0-10mm Coke Powder: $145/ton (-)

(My Steel Network)

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