November 4th, according to news,
Coke Price Trend Daily Report
[Key Takeaway] As of November 3, 2026, quotations in many regions of China’s coking coal market remain stable. The mean‑difference indicator suggests the current market is undergoing a period of volatile consolidation. Over the 60‑day cycle, prices are at low levels with limited downside, while over the one‑year cycle, prices are at mid‑to‑high levels and upside potential is narrowing. Declining coking coal prices upstream have weakened cost support, so coking coal prices are likely to remain broadly stable with minor fluctuations in the short term.
1. Data Explanation: The latest available data is up to November 3, 2026. It is recommended to refer to real-time data.
2. Average Difference Change Table
|Difference Indicator| Value on November 3, 2026| Value on November 2, 2026| Direction of Change||----------|----------------|----------------|----------|| 5-Day Difference (D5)| 0.00 | 0.00 | No change|| 10-Day Difference (D10)| 0.00 | 0.00 | No change|| 20-Day Difference (D20)| -2.75 | -12.38 | + |
3. Signal Status Assessment: The current direction of change in mean differences is not fully consistent, indicating a consolidating (relatively stable) market signal.
4. Trend Direction Conclusion: The current price trend is ranging. Reason: The day-over-day changes in the 5-day, 10-day, and 20-day moving averages are not all in the same direction, so the criteria for a clear uptrend or downtrend are not met. Therefore, the market is classified as ranging; overall, price fluctuations are relatively small, and the market remains fairly stable.
5. Positional space reference: Using a 60-day cycle as the benchmark, coking coal prices are in the first tier (low level), suggesting limited downside; using a one-year cycle as the benchmark, prices are in the fourth tier (mid-to-high level), indicating that further upside potential is narrowing.
6. Trend chart display
7. Fundamental reference: In terms of prices, on November 2, 2026, the price of premium grade coke (dry quenched) in the Tangshan market was 2,270 CNY/ton, and the price of top-charged premium grade coke (dry quenched) was 2,375 CNY/ton; in the Changzhi market, the price of quasi-premium grade coke (dry quenched) was 2,090-2,120 CNY/ton; in the Jinzhong market, the price of quasi-premium grade coke (wet quenched) for metallurgical use was 1,810-1,830 CNY/ton; the FOB price of quasi-premium grade coke at the Tianjin Port was 2,020 CNY/ton, with prices in all regions remaining stable for now. In terms of the industrial chain, the prices of upstream coking coal have recently been continuously declining. On November 2, the price of low-sulfur lean coking coal in Changzhi fell by 30 CNY/ton, and in late October, the prices of coking coal in Inner Mongolia and Shanxi cumulatively fell by 20-100 CNY/ton, leading to a weakening of the cost support for coke. The demand for downstream products such as crude steel, wire rods, and billets is generally weak, with coke purchases mainly driven by essential needs, resulting in an overall loose supply and demand situation.
