DAILY: Coking Enterprises in SW China to Raise Price by 50 Yuan
On September 21, coking enterprises in Southwest China planned to raise price by 50 yuan in the second half of this month, a cumulative growth of 100 yuan in September, which was still under negotiation. Steel mills were reluctant to accept another 50-yuan hike given that price of raw material was high while steel market only took slim margin.
Currently, price of coke (F.c 85%) from leading steel mills in Guizhou is stable at 2060 yuan/t (dry basis, delivered to factory); price of coke (F.c 83%) from leading steel mills in Yunnan stays at 2080 yuan/t (in cash, dry basis, delivered to factory).
Last week, coking enterprises in North, East China put forward the third round of 50-yuan increase, to which most steel mills did not give clear response yet. It�¢??s expected to be completed this week.
Although it�¢??s said that several steel mills in Yunnan might raise the price by 50 yuan in the second half of this month (30 yuan in the first half of September), most coking plants refused that and insisted on a cumulative growth of 100 yuan this month. This price hike was still under negotiation.
Link: Market price of Kunming Metcoke on Sep 21,20(new)
Link: Market price of Guiyang Metcoke on Sep 21,20(new)
moisture - 1.39 vm - 1.23 ash - 10.12 fixed carbon - 87.40 sulfur- 0.77
SteelHome Express: Price of Metcoke in Shanxi Inches Up amid Stability On August 17, ex-works price of standard I grade metcoke in Shanxi was 1630-1700 yuan/t (bank acceptance); price of premium metcoke was 1750 yuan/t. Price of strong II grade metcoke (Mt10) was 1670 yuan/t (bank acceptance, picked up by buyers). Price of I grade metcoke (CSR65) was 2000 yuan/t (delivered to Tangshan). From August 6, some coking plants were going to raise the price by 50 yuan successively, but most steel mills have not accepted yet. Today, a few coking plants announced willingness to raise the price of metcoke by 50 yuan. Its expected that price of metcoke in Shanxi will increase amid stability. Link: Market price of Shanxi Metcoke on Aug 17,20
SteelHome Express: Quotations of Standard I Metcoke at Ports Stable On August 24, quotations of standard I grade metcoke by traders stabilized at 1950 yuan/t (in cash, picked up by buyers). The transaction price can be negotiated slightly. Most traders thought that the recent market would be stable and were more cautious on the purchase. Few traders expressed that the delivery volume of 09 Coke Contract had certain effect on the coke price at port. FOB price of standard I grade metcoke quoted by coking plants was 1970-1990 yuan/t (bank acceptance) and that of I grade metcoke (CSR65) was 2090 yuan/t. Link: Market price of Qingdao Metcoke on Aug 24,20 Link: Market price of Lianyungang Port Metcoke on Aug 24,20
SteelHome Express: Quotations of Metcoke may up 50 Yuan in Henan On August 31, most coking plants in Henan planned to raise the quotation of metcoke by 50 yuan. In Pingdingshan, FOT prices of leading coking plants were temporarily stable. Price of standard I grade stamp-charged metcoke (Mt5%) was 1890 yuan/t; that of I grade stamp-charged metcoke was 1960 yuan/t; that of I grade top-charged metcoke was 2070 yuan/t. Prices above were all monthly prices, and the new price of September has not settled yet which was expected to rise by 40 yuan. In Jiyuan, purchase price of standard I grade metcoke (Mt7) for local steel mills was 1840 yuan/t (delivered to factory). In Anyang, ex-works price of standard I grade metcoke from coking plants was 2050-2060 yuan/t (dry basis); that of standard I grade was 1800-1850 yuan/t (water basis). Pushed by the price hike of 50 yuan in Hebei, Shandong coking plants, local coking plants in Henan all have the intention to raise the price by 50 yuan today. In Luoyang, ex-works price of standard I grade metcoke was stable at 1830-1850 yuan/t (in cash). It is expected that metcoke market in Henna will be robust recently. Link: Market price of Henan Metcoke on Aug 31,20
DAILY: Quotation of Standard I Grade Met Coke at Ports Stable On September 3, quotation of standard I grade metallurgical coal by traders at ports stabilized at 1930-1950 yuan/t (in cash, picked up by buyers). At present, most coke concentrated onto yards is of locked orders at before. There is only tiny purchase of new orders since price at ports is relatively high and coking plants basically run out of stock. Price of standard I grade metallurgical coal was 1970-1990 yuan/t fob (bank acceptance); that of I grade metallurgical coal (CSR65) was 2090 yuan/t fob; prices above were stable now and might increase later. In general, traders were bullish on the market in September. Link: Market price of Lianyungang Port Metcoke on Sep 3,20 Link: Market price of Qingdao Metcoke on Sep 3,20
DAILY: Quotation of Standard I Grade Met Coke at Ports up 20 yuan On September 5, leading steel mills in East China reported the second round of price adjustment. On September 7, price of standard I grade metallurgical coke quoted by traders went up by 20 yuan to 1950-1970 yuan/t (in cash, picked up by buyers). Some traders took a wait and see attitude and offered no quotation. It�¢??s expected that transaction price of 1920-1930 yuan/t at before will be increased by 10-20 yuan to 1930-1950 yuan/t. Price of standard I grade metallurgical coke quoted by coking enterprises was 2020-2040 yuan/t fob (bank acceptance); that of I grade metallurgical coke (CSR65) was 2140 yuan/t after the price hike of 50 yuan. Link: Market price of Jingtang Port Metcoke on Sep 7,20 Link: Market price of Lianyungang Port Metcoke on Sep 7,20 Subscribe SteelHome website to find more China Iron/Steel market information you're interested in.
DAILY: Met Coke Price Stable at Ports On September 15, price of standard I grade metallurgical coke quoted by traders stabilized at 1930-1950 yuan/t (in cash, picked up by buyers). However, some coke was sold at a lower price about 1930 yuan/t. Some traders said that quotation at ports might increase after the third round of price hike, but would still be stable in recent days. Currently, coke transported to ports decreases and traders mainly focuses on shipping. Subscribe SteelHome website to find more China Iron/Steel market information you're interested in.
PETCOKE - METCOKE Quantity: Minimum 50,000 MT Trial Shipment Maximun: 500,000 MT Monthly
SteelHome Express: Few Hebei Coking Plants to Raise Metcoke Price by 50 Yuan on 12th On June 10, price of standard I metcoke from leading coking enterprises in Handan, Hebei was 2070 yuan/ton (dry basis, picked up by buyers), and that of II grade metcoke in other coking plants was 1750 yuan/ton (delivered to factory). Ex-factory price of standard I grade metcoke in Xingtai was around 2000 yuan/ton (dry basis, in cash). Coking plants had many orders due to the great demand of metcoke. Few coking plants in Hebei planned to raise the price of metcoke by another 50 yuan, which steel mills were not informed yet. The price adjustment may be released this afternoon. Link: Market price of Hebei Metcoke on Jun 10,20 Subscribe SteelHome website to find more China Iron/Steel market information you're interested in.
