This Week, the Coke Market in China Remains Stable (8.8-8.15)

August 15th, news

I. Price Trends

According to the commodity market analysis system: On August 15, 2025, the coke market in Shanxi region of China remained stable, with the current average price of coke at 1,391 CNY/ton. This week, the coke market mainly maintained a stable operation. On the 15th, the spot market for coke at the ports fluctuated. The domestic spot trading sentiment was average.

II. Market Analysis

Price Overview: On August 15, the metallurgical coke prices in Jingdezhen market remained stable. Currently, first-grade metallurgical coke is quoted at 1665 CNY/ton, and quasi-first-grade metallurgical coke at 1590 CNY/ton, both factory price with acceptance and inclusive of tax. In Yichun market on August 15, the metallurgical coke prices remained stable. Currently, quasi-first-grade metallurgical coke is quoted at 1700 CNY/ton, and second-grade metallurgical coke at 1530 CNY/ton, both factory price with acceptance and inclusive of tax. In Qujing market on August 15, coking coal prices showed a strong trend. Currently, second-grade coke is quoted at 1795 CNY/ton, and non-standard grade at 1520 CNY/ton, both factory price cash inclusive of tax based on dry basis.

Supply Side: On the 15th, the Chinese chemical coke market remained stable. In terms of supply, due to the continuous increase in chemical coke prices, the profits of coke enterprises have recovered, and overall production has been maintained at a relatively high level. However, recent demand has gradually weakened, and some regional coke enterprises have experienced poor sales, leading to an accumulation of inventory. As a result, the overall supply of chemical coke is gradually becoming more relaxed.

Demand Aspect: Downstream, the market is gradually returning to rationality. Downstream calcium carbide enterprises and alloy plants mainly replenish their inventories based on immediate needs, mostly maintaining normal stock levels. Their purchasing activity has slightly decreased compared to the previous period. Overall, currently the supply of chemical coke is relatively loose, making it somewhat difficult for coke producers to sell their products. Downstream demand remains generally weak. It is expected that chemical coke prices in the Chinese market will remain stable for now.

III. Future Market Forecast

Coke analysts believe: It is expected that the coke market in China will maintain its current trend in the short term, with the main focus on stable operation.