| Raw Material - Coal/Coke |
| Latest Updates |
Weekly Summarization of Coke Market in China During Aug 23-Aug 27, 2010
China’s coke market remains stable in the week to Aug 27. The market as a whole is in a wait-and-see situation, and trade is ordinary. In Hebei province, second grade coke remains at 1,750-1,780 yuan/ton and quasi-first grade coke 1,850-1,900 yuan/ton (incl. transportation). In Shanxi, second grade coke remains at 1,580-1,630 yuan/ton (EXW). Second grade coke stands at 1,650-1,700 yuan/ton (EXW) in east China and 1,600 yuan/ton (EXW) in Southwest China, and 1,650-1,700 yuan/ton (EXW) in Henan province.
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International Coal Price Fluctuates, Prospects Uncertain
Steam coal price at Australia’s Newcastle port rose mildly to $87.79/ton, yet at the Richards Bay in South Africa and in the ARA market in Europe, steam coal prices edged down, to respectively $86.22/ton and $91.99/ton, according to statistics from GlobalCoal on Aug 20.
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Weekly Summarization of Coke Market in China During Aug 16-Aug 20, 2010
In the week to Aug 20, it’s been confirmed that coke prices had increased by 30-50 yuan/ton in north China and east China, where trade is fine. In southwest China, where coke prices are customarily slow to respond to the mainstream market, only a few coke producers have raised coke prices by 30-50 yuan/ton. In southwest China, the FOT price of second grade coke remains at about 1,600 yuan/ton.
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