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The port spot coke market is temporarily stable.
March 30 Mysteel coking coal: Port coke spot market operates stably for the time being. The domestic spot market shows an average trading atmosphere; the number of coal deliveries collected by both ports is slightly lower than the previous working day, and the total inventory at both ports continues to increase compared with the previous working day. Rizhao Port is at 47; Qingdao Port is up by 90 and 7; total inventory is 137, up 15 from last week. The next trend depends on how downstream steel mills’ profit levels, changes in coking coal costs, and sentiment in the futures market affect port coke. Current port coke prices for each variety are as follows: Trade spot, cash settlement on delivery: semi-grade I (wet quenched) coke spot 1500 yuan/ton (-); semi-grade I (dry quenched) coke spot 1700 yuan/ton (-); grade I (wet quenched) coke spot 1600 yuan/ton (-); coke lumps spot 1200 yuan/ton (-); coke fines spot 990 yuan/ton (-). Factory bank-accepted drafts, closing: grade II (wet quenched) coke 1370 yuan/ton (-); semi-grade I (wet quenched) coke 1470 yuan/ton (-); semi-grade I (dry quenched) coke 1670 yuan/ton (-); grade I (wet quenched) coke 1570 yuan/ton (-); grade I (dry quenched) coke 1885 yuan/ton (-). Export FOB: CSR62 grade I coke 228 US dollars/ton (-); CSR65 grade I coke 238 US dollars/ton (-); 10-30mm coke lumps 187 US dollars/ton (-); 0-10mm coke fines 145 US dollars/ton (-). (My Steel Net)