On October 26, price of standard I grade metallurgical coke quoted
by traders increased by 20-50 yuan to 2100 yuan/t (in cash, picked up by
buyers). Traders were bullish on the later market with a few low
quotations offered.
Since price of transporting goods to ports were higher than that at
ports in a long term, most traders focused on shipping resources in
stock instead of taking from coking plants.
So far, tradable resources at ports have been on the decrease.
FOT price of standard I grade metallurgical coke quoted by coking
enterprises was 2170-2190 yuan/t (bank acceptance); that of I grade
metallurgical coke (CSR65) was 2290 yuan/t.
Link:
Market price of Lianyungang Port Metcoke on Oct 26,20
Link:
Market price of Jingtang Port Metcoke on Oct 26,20 |
(To contact the reporter on this story: RhettLiu@steelhome.cn or 86-555-2238927 18133440120) |