Coking Coal Market Prices Rise in July

July 31 News

I. Price Trends

According to the commodity market analysis system: On July 31, 2025, the coke market in Shanxi region of China was operating strongly, with an average price of 1,341 CNY per ton, an increase of 11% compared to the same period last month. The overall coke market prices in China rose in July.

II. Market Analysis

Price Aspect: As of the 31st, the current market price for medium-sized chemical coke in Ningxia is reported at 1140-1190 CNY/ton, while in Inner Mongolia it is reported at 1060-1140 CNY/ton. In Xinjiang, the price for medium-sized wet-quenched chemical coke is 730 CNY/ton, all factory prices including cash tax. The coke price in Inner Mongolia remains stable for now. Currently, production has basically returned to normal levels, with most coal mines resuming normal sales and output. Upstream mine inventories continue to decrease, downstream inventory replenishment continues, and raw material supply gradually improves. With high molten iron output, most coal mines no longer face inventory pressure, and coal mines have a strong willingness to maintain prices. Coke enterprises currently enjoy smooth shipments, providing strong cost support. However, deliveries to steel mills are partially hindered, leading to expectations of further price increases in coke in the short term, though actual implementation still requires negotiation. Subsequently, continued attention should be paid to macroeconomic policies, coking coal price trends, and steel mill profits, as these factors will influence coke prices.

Supply aspect: Currently, the sentiment in the coke market is positive, with both coke markets showing a stable and slightly strong trend. Traders are actively purchasing, leading to a slight increase in prices. At present, coke producers do not face inventory pressure. The volume of trade aggregating at the two ports is fluctuating with an upward trend. Downstream steel mills are still purchasing coke on a need basis, and overall, the market prices are trending stronger.

Demand Side: The spot trading sentiment in the domestic market is moderate. Transportation volume of steel products arriving at ports via road fluctuates slightly upward. Downstream steel prices remain volatile, while daily average molten iron production stays high but slightly declines. Some steel mills maintain medium-level inventory levels of coke and purchase coke on a demand-driven basis. In the short term, coking coal prices in the Yuncheng region are likely to trend stronger.

III. Future Market Forecast

Coke analysts believe: It is expected that the coke market will maintain its current trend in August. Currently, the coke market price in China is showing a strong performance, and it is expected that the coke market in China will continue to perform strongly in the short term.