On February 5th, Mysteel Coal & 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 declining compared to the previous working day, and the total inventory at both ports showing a slight increase compared to the previous day. Rizhao Port increased by 1, Qingdao Port remained flat, with total inventories at both ports unchanged 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 affecting port coke prices. The current prices for various types of coke at ports are as follows: Spot cash out of warehouse: Quasi-Grade (Wet Quench) Coke: 1,480 RMB/ton (-); Quasi-Grade (Dry Quench) Coke: 1,690 RMB/ton (-); Grade (Wet Quench) Coke: 1,580 RMB/ton (-); Coke Granules: 1,190 RMB/ton (-); Coke Powder: 990 RMB/ton (-). Factory acceptance close-out: Grade 2 (Wet Quench): 1,420 RMB/ton (-); Quasi-Grade (Wet Quench): 1,520 RMB/ton (-); Quasi-Grade (Dry Quench): 1,725 RMB/ton (-); Grade (Wet Quench): 1,620 RMB/ton (-); Grade (Dry Quench): 1,940 RMB/ton (-). FOB export prices: CSR62 Grade Coke: $228/ton (-); CSR65 Grade Coke: $238/ton (-); 10-30mm Coke Granules: $190/ton (-); 0-10mm Coke Powder: $145/ton (-). (My Steel Network)
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Mysteel Coking Coal: Port spot coke market remains stable for now
On February 5th, Mysteel Coal & 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 declining compared to the previous working day, and the total inventory at both ports showing a slight increase compared to the previous day. Rizhao Port increased by 1, Qingdao Port remained flat, with total inventories at both ports unchanged 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 affecting port coke prices. The current prices for various types of coke at ports are as follows: Spot cash out of warehouse: Quasi-Grade (Wet Quench) Coke: 1,480 RMB/ton (-); Quasi-Grade (Dry Quench) Coke: 1,690 RMB/ton (-); Grade (Wet Quench) Coke: 1,580 RMB/ton (-); Coke Granules: 1,190 RMB/ton (-); Coke Powder: 990 RMB/ton (-). Factory acceptance close-out: Grade 2 (Wet Quench): 1,420 RMB/ton (-); Quasi-Grade (Wet Quench): 1,520 RMB/ton (-); Quasi-Grade (Dry Quench): 1,725 RMB/ton (-); Grade (Wet Quench): 1,620 RMB/ton (-); Grade (Dry Quench): 1,940 RMB/ton (-). FOB export prices: CSR62 Grade Coke: $228/ton (-); CSR65 Grade Coke: $238/ton (-); 10-30mm Coke Granules: $190/ton (-); 0-10mm Coke Powder: $145/ton (-). (My Steel Network)