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

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February 12, Mysteel Coking Coal & Coke: The spot market for port coke is currently stable. The trading atmosphere in the domestic spot market is moderate, with the volume of cargo collected at both ports slightly lower than the previous working day, and the total inventory at both ports slightly increased compared to the previous day. Rizhao Port increased by 1 to 47, Qingdao Port increased by 0.3 to 72.8, with total inventory at 119.8, down 1.2 from last week. The future trend will depend on factors such as downstream steel plant 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 types of coke are as follows:
Trade spot cash-out:
Quasi-First Grade (Wet Quenching) Coke: 1470 RMB/ton (-)
Quasi-First Grade (Dry Quenching) Coke: 1670 RMB/ton (-)
First Grade (Wet Quenching) Coke: 1570 RMB/ton (-)
Coke Granules: 1190 RMB/ton (-)
Coke Powder: 980 RMB/ton (-)

Factory acceptance close-out:
Second Grade (Wet Quenching) Coke: 1420 RMB/ton (-)
Quasi-First Grade (Wet Quenching) Coke: 1520 RMB/ton (-)
Quasi-First Grade (Dry Quenching) Coke: 1725 RMB/ton (-)
First Grade (Wet Quenching) Coke: 1620 RMB/ton (-)
First Grade (Dry Quenching) Coke: 1940 RMB/ton (-)

FOB Export:
CSR62 First Grade Coke: $228/ton (-)
CSR65 First Grade Coke: $238/ton (-)
10-30mm Coke Granules: $190/ton (-)
0-10mm Coke Powder: $145/ton (-)

(My Steel Network)

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