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

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February 4th, Mysteel Coking Coal and Coke: The spot market for port coke is currently stable. The trading atmosphere in the domestic spot market is moderate, with the trading volume at both ports slightly higher than the previous working day. The total inventory at both ports has increased slightly compared to the previous day. Rizhao Port increased by 1, reaching 45, Qingdao Port remained unchanged at 74, and the total inventory at both ports is 119, down 2 from last week. The future trend will depend on factors such as 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 spot cash out:

  • 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 (-)
  • Coke Granules: 1190 USD/ton (-)
  • Coke Powder: 990 USD/ton (-)

Factory acceptance close-out:

  • Second Grade (Wet Quench) Coke: 1420 RMB/ton (-)
  • Quasi-First Grade (Wet Quench) Coke: 1520 RMB/ton (-)
  • Quasi-First Grade (Dry Quench) Coke: 1725 USD/ton (-)
  • First Grade (Wet Quench) Coke: 1620 USD/ton (-)
  • First Grade (Dry Quench) Coke: 1940 USD/ton (-)

Export FOB:

  • CSR62 First Grade Coke: 225 USD/ton (-)
  • CSR65 First Grade Coke: 235 USD/ton (-)
  • 10-30mm Coke Granules: 185 USD/ton (-)
  • 0-10mm Coke Powder: 150 USD/ton (-)

(My Steel Network)

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