The port spot coke market is temporarily stable.

May 9 Mysteel Coking Coal and Coke: The port coke spot market is temporarily holding steady for now. The domestic spot market has an average trading atmosphere; the number of cargoes gathered at both ports is oscillating and remaining steady compared with the previous working day, and both ports’ total inventories are also holding steady. Rizhao Port is 46 flat, Qingdao Port is 93 flat; total inventory 139 is up 2 from last week. The next outlook will depend on how downstream steel mills’ profit levels, changes on the coking coal cost side, and sentiment in the futures market affect port coke.

The current port coke prices for each type are as follows:
Trade spot cash-out:
Quasi-First Grade (Wet Quench) Coke spot 1560 RMB/ton (-)
Quasi-First Grade (Dry Quench) Coke spot 1760 RMB/ton (-)
First Grade (Wet Quench) Coke spot 1660 RMB/ton (-)
Coke granules spot 1240 RMB/ton (-)
Coke powder spot 1020 RMB/ton (-)

Factory acceptance and delivery/settlement close:
Second Grade (Wet Quench) Coke 1470 RMB/ton (-)
Quasi-First Grade (Wet Quench) Coke 1570 RMB/ton (-)
Quasi-First Grade (Dry Quench) Coke 1780 RMB/ton (-)
First Grade (Wet Quench) Coke 1670 RMB/ton (-)
First Grade (Dry Quench) Coke 1995 RMB/ton (-)

Export FOB:
CSR62 First Grade Coke 244 USD/ton (-)
CSR65 First Grade Coke 254 USD/ton (-)
10-30mm Coke granules 190 USD/ton (-)
0-10mm Coke powder 152 USD/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