Insufficient Cost Support, Coking Coal Market Prices Remain Stable for Now

March 19th, News

I. Price Trends

According to the commodity market analysis system: On March 19, 2025, the average price was 1391 CNY/ton. The coke market price remained stable, with cost support somewhat weakened, and the market trading atmosphere was flat, with inventories mainly at high levels.

II. Market Analysis

Price Overview: On March 19, coking coal prices in the Qujing market showed a weak trend. Currently, second-grade coking coal is quoted at 1,795 CNY per ton, while substandard grade is quoted at 1,520 CNY per ton—both prices are ex-factory, cash-inclusive, based on a dry basis. On March 19, coking coal prices in the Qujing market continued to run weakly; second-grade coking coal is now quoted at 1,795 CNY per ton, and substandard grade at 1,520 CNY per ton—both prices are ex-factory, cash-inclusive, based on a dry basis. As of March 19, metallurgical coke prices in the Yichun market remained stable for the time being. Currently, quasi-first-grade metallurgical coke is quoted at 1,650 CNY per ton, and second-grade metallurgical coke at 1,490 CNY per ton—both prices are ex-factory, acceptance-based, and inclusive of tax.

III. Future Market Forecast

Coke analysts believe: The coke market negotiation focus is stable, with insufficient cost support, and prices are mainly steady.