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The port spot coke market is temporarily stable.
April 7 Mysteel coking coal: The spot market for port coke is temporarily steady. The domestic spot market’s trading atmosphere is average; the amount of cargo collected at both ports fluctuated and fell compared with the previous working day, and total inventories at both ports were slightly higher than the previous working day. Rizhao Port: 48 flat; Qingdao Port: 95 up 1; total inventory is 143, up 4.5 from last week. For the next trend, attention should be paid to how changes in downstream steel mill profit levels, coking coal cost-side developments, and sentiment in the futures market affect coke at ports. Current port coke prices by product are as follows: Trade settlement in cash for ex-warehouse: Qualified Grade 1 (wet-quenched) coke spot 1480 yuan/ton (-); Qualified Grade 1 (dry-quenched) coke spot 1680 yuan/ton (-); Grade 1 (wet-quenched) coke spot 1580 yuan/ton (-); coke breeze spot 1220 yuan/ton (-); coke fines spot 1080 yuan/ton (-). Factories’ bank acceptance for closing positions: Grade 2 (wet-quenched) coke 1420 yuan/ton (-); Qualified Grade 1 (wet-quenched) coke 1520 yuan/ton (-); Qualified Grade 1 (dry-quenched) coke 1725 yuan/ton (-); Grade 1 (wet-quenched) coke 1620 yuan/ton (-); Grade 1 (dry-quenched) coke 1940 yuan/ton (-). Export FOB: CSR62 Grade 1 coke 232 USD/ton (-); CSR65 Grade 1 coke 242 USD/ton (-); 10-30mm coke breeze 187 USD/ton (-); 0-10mm coke fines 152 USD/ton (-). (My Steel Network)