DAILY: China's met coke prices see first rise in 2 months

With the nationwide materialization of a Yuan 50-55/tonne ($7.2-7.9/t) hike for all metallurgical coke products on January 30, China's spot met coke prices rose for the first time after four consecutive cuts since early December last year.

Last Friday, Mysteel assessed China's quasi-first-grade met coke prices, for wet-quenching and dry-quenching types respectively, at Yuan 1,427.1/t and Yuan 1,568.9/t including the 13% VAT, up Yuan 45.4/t and Yuan 53.8/t from the previous session respectively. The price hike came after coke producers' relentless calls. On January 12, two coke