Shandong Coking Industry Association cut its reference metallurgical coke prices by 10% for August deliveries compared to June, according to a release
by SDCIA. It did not give reference prices for July deliveries.
After the adjustments, the August reference price for first-grade coke (ash content less than 12.5%, sulfur less than 0.7%, and crushing strength of over 92%) will be Yuan 1,800/mt ($265.5/mt, free-on-truck, including 17% VAT),down from Yuan 2,000/mt in June.
The reference price for second-grade coke (ash content no more than 13.5%, sulfur no more than 0.8%, and crushing strength of 88-92%) will be Yuan 1,700/mt. The reference price for foundry coke will be Yuan 2,200/mt and coal
tar will be Yuan 3,300/mt.
SDCIA also called on its member coking companies to control their coke stocks and cut their coke output by 40%, compared to 50-60% in June.
To compensate for losses of Yuan 150/mt in coke produced, Hebei Coking Industry Association raised its reference metallurgical coke prices by Yuan 50/mt ($7.4/mt) for August deliveries compared to levels for July. The Hebei group did not give specific prices for August deliveries but they are said to be about Yuan 2,050/mt for first-grade coke.
by SDCIA. It did not give reference prices for July deliveries.
After the adjustments, the August reference price for first-grade coke (ash content less than 12.5%, sulfur less than 0.7%, and crushing strength of over 92%) will be Yuan 1,800/mt ($265.5/mt, free-on-truck, including 17% VAT),down from Yuan 2,000/mt in June.
The reference price for second-grade coke (ash content no more than 13.5%, sulfur no more than 0.8%, and crushing strength of 88-92%) will be Yuan 1,700/mt. The reference price for foundry coke will be Yuan 2,200/mt and coal
tar will be Yuan 3,300/mt.
SDCIA also called on its member coking companies to control their coke stocks and cut their coke output by 40%, compared to 50-60% in June.
To compensate for losses of Yuan 150/mt in coke produced, Hebei Coking Industry Association raised its reference metallurgical coke prices by Yuan 50/mt ($7.4/mt) for August deliveries compared to levels for July. The Hebei group did not give specific prices for August deliveries but they are said to be about Yuan 2,050/mt for first-grade coke.
