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

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February 13, Mysteel Coking Coal: The port spot coke market is currently stable. The domestic spot market has a generally moderate trading atmosphere, with trade volumes at both ports remaining steady compared to the previous working day. Total inventories at both ports are also stable compared to the previous day. Rizhao Port’s inventory is 47,000 tons, Qingdao Port’s is 72,800 tons, totaling 119,800 tons, down 1,200 tons 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 spot cash-out:

  • Quasi-Grade 1 (Wet Quench): 1,470 RMB/ton (-)
  • Quasi-Grade 1 (Dry Quench): 1,670 RMB/ton (-)
  • Grade 1 (Wet Quench): 1,570 RMB/ton (-)
  • Coke Granules: 1,190 USD/ton (-)
  • Coke Powder: 980 USD/ton (-)

Factory acceptance close:

  • Grade 2 (Wet Quench): 1,420 RMB/ton (-)
  • Quasi-Grade 1 (Wet Quench): 1,520 RMB/ton (-)
  • Quasi-Grade 1 (Dry Quench): 1,725 RMB/ton (-)
  • Grade 1 (Wet Quench): 1,620 RMB/ton (-)
  • Grade 1 (Dry Quench): 1,940 RMB/ton (-)

FOB export:

  • CSR62 Grade 1 Coke: 228 USD/ton (-)
  • CSR65 Grade 1 Coke: 238 USD/ton (-)
  • 10-30mm Coke Granules: 190 USD/ton (-)
  • 0-10mm Coke Powder: 145 USD/ton (-)

(My Steel Network)

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