DAILY: Hopes for China's 2nd coke price hike recede further

Market expectations for a second hike of Chinese metallurgical coke prices were gradually diminishing as of April 24, though most participants hadn't ruled out the possibility, market sources revealed.

The Chinese metallurgical coke market remained flat on April 24, with the national composite coke price assessed by Mysteel standing flat from the previous day at Yuan 1,337/tonne ($183.3/t). Recently sentiment in Chinese commodity markets has experienced turmoil incurred by the U.S. President Donald Trump's fickle tariff policies. As of