October 10th, news:
【Coke Market Daily Core Insights】As of October 9, 2026, the spot price of coke in China remained stable overall. The average difference indicator shows that the short-term trend is in a consolidation range. The current price is at a high level over the past year, with limited room for further increases. It is necessary to closely monitor changes in the cost of upstream coking coal and demand from the downstream steel industry in China.
The following is the main content of the daily report:
I. Data Description
The latest available data is up to October 9, 2026. It is recommended to refer to real-time data. II. Table of Mean Difference Changes
III. Signal State Determination
The current signal is ranging (with a mild pullback leaning bearish).
IV. Conclusions on Trend Directions
Coke prices are currently trending in a range, due to the following reasons: the 5-day and 10-day moving average differences have not changed compared to the previous day, while only the 20-day moving average difference has shown a decline. The changes in the three moving average differences are not completely consistent, indicating no clear signal of a unilateral rise or fall, and thus the market is in a consolidation phase.
Five, Spatial Reference
Coke prices for 60-day, 3-month, and 1-year periods are all in the 5th tier (high position) range, with limited room for further increases.
VII. Regional Market Dynamics
October 8, 2026, the coke market operations in various regions of China showed differentiation:
1. The price of semi-coke in the Shizuishan market is stable, with medium material factory price at 1080-1100 CNY/ton and small material factory price at 1060-1090 CNY/ton, both are cash prices including tax.
2. Qujing market's coke prices are stable for now, with the factory price of second-grade dry coke at 2,495 CNY per ton, and the factory price of off-grade dry coke at 2,220 CNY per ton, both being cash prices including tax.
3. Tangshan market metallurgical coke prices are stable, with the factory price of stamped first-grade dry quenched coke at 2380 CNY/ton and the factory price of top-charged first-grade dry quenched coke at 2485 CNY/ton, both cash prices including tax.
4. The Jinzhong market for metallurgical coke is showing a weak trend, with the factory price of quasi-first grade wet quenched metallurgical coke at 1910-1930 CNY/ton, the factory price of quasi-first grade dry quenched metallurgical coke at 2240-2270 CNY/ton, and the factory price of first grade dry quenched metallurgical coke at 2430 CNY/ton, all cash prices including tax.
Eight, the core raw material upstream in the industrial chain is coking coal; downstream it covers multiple industrial product categories such as crude steel smelting, rebar, calcium carbide, metallic silicon, magnesium, and stainless steel. The demand side is highly correlated with the prosperity of the steel industry in China.
