DAILY: China's met coke sentiment fluctuates amid uncertainties

Sentiment in China's spot metallurgical coke market flattened again on January 27 after a temporary lift over the previous days, mirroring the lingered uncertainties over the market direction, Mysteel learned from sources.

On the Dalian Commodity Exchange, the most-traded met coke contract for May delivery fell by 2.8% from Monday's settlement price to 1,668/tonne ($243/t) when closing Tuesday's daytime trading session. The decline came with new concerns among some market players about the results of coke producers' lengthy price negotiations with steelmakers,