DAILY: Expectation for China's 2nd met coke price hike muffled

As of April 22, though expectations for the second round of metallurgical coke price hike hadn't ceased, the prospect was dampened by the uncertainty about the future market prevailing among market participants, market sources said.

The national composite coke price assessed by Mysteel sat at Yuan 1,337/tonne ($183.04/t) on April 22, including the 13% VAT, up by Yuan 0.1/t from the previous day. Since this Monday, voices for another price hike have been spreading in the Chinese metallurgical coke market. However, no price hike proposals