The port spot coke market is temporarily stable.

March 31 Mysteel coking coal: Port coke spot market is operating stably for the time being. The domestic spot market’s trading atmosphere is average; the number of coke loaded at the two ports has inched slightly lower compared with the previous working day, and the total inventory at the two ports has continued to increase compared with the previous working day. Rizhao Port is at 47 flat; Qingdao Port is at 91.5, up 1.5; total inventory is 138.5, up 15 from last week. The subsequent trend will need to be monitored for how downstream steel mills’ profit levels, changes on the coking coal cost side, and sentiment in the futures market affect port coke. Current port coke prices by product are as follows: Trade cash in advance ex-warehouse: Grade A (wet quenched) coke spot 1490 yuan/ton (-); Grade A (dry quenched) coke spot 1690 yuan/ton (-); Grade 1 (wet quenched) coke spot 1590 yuan/ton (-); coke lumps spot 1220 yuan/ton (-); coke fines spot 1040 yuan/ton (-). Factory acceptance draft settlement for closing: Grade 2 (wet quenched) coke 1370 yuan/ton (-); Grade A (wet quenched) coke 1470 yuan/ton (-); Grade A (dry quenched) coke 1670 yuan/ton (-); Grade 1 (wet quenched) coke 1570 yuan/ton (-); Grade 1 (dry quenched) coke 1885 yuan/ton (-). Export FOB: CSR62 grade 1 coke 230 US dollars/ton (-); CSR65 grade 1 coke 240 US dollars/ton (-); 10-30mm coke lumps 187 US dollars/ton (-); 0-10mm coke fines 150 US dollars/ton (-). (My Steel Network)