Market Support Limited, Coking Coal Market Stabilizes Temporarily in China

March 26th, news:

I. Price Trends

According to the commodity market analysis system: On March 26, 2025, the average price was 1,391 CNY/ton. Currently, the coke market prices in China are mainly stable, with minor fluctuations. Cost support has weakened somewhat, and the market trading atmosphere is lukewarm, with inventories mainly at high levels.

II. Market Analysis

Price Overview: On March 26, the metallurgical coke prices in the Jingdezhen market remained stable. Currently, Grade-1 metallurgical coke is quoted at 1,815 CNY/ton, and quasi-Grade-1 metallurgical coke at 1,725 CNY/ton—both prices are ex-factory, payable upon acceptance, inclusive of tax. On March 26, the metallurgical coke prices in the Yichun market also remained stable. Currently, quasi-Grade-1 metallurgical coke is quoted at 1,650 CNY/ton, and Grade-2 metallurgical coke at 1,490 CNY/ton—both prices are ex-factory, payable upon acceptance, inclusive of tax. On March 26, the metallurgical coke prices in the Handan market remained stable as well. Currently, quasi-Grade-1 dry-quenched coke is quoted at between 1,495 and 1,525 CNY/ton, while quasi-Grade-1 wet-quenched coke is quoted at 1,340 CNY/ton—both prices are ex-factory, cash payment, inclusive of tax. On March 26, the metallurgical coke prices in the Jinzhong market remained stable. Currently, quasi-Grade-1 wet-quenched metallurgical coke is quoted at 1,260–1,280 CNY/ton, quasi-Grade-1 dry-quenched metallurgical coke at 1,525–1,555 CNY/ton, and Grade-1 dry-quenched metallurgical coke at 1,695 CNY/ton—all prices are ex-factory, cash payment, inclusive of tax.

III. Future Market Forecast

Coke analysts believe: It is expected that in the short term, the focus of negotiations in the coke market in China will remain stable, with prices mainly holding steady.