DAILY: China's spot met coke sentiment improves on futures rebound

Sentiment in China's spot metallurgical coke market improved slightly on April 8, along with a firm rebound of futures performance as well as the strengthening profitability among steel producers.

Mysteel assessed the national quasi-first-grade met coke prices for wet- and dry-quenching types at Yuan 1,425.1/tonne ($208.6/t) and Yuan 1,569.8/t, including the 13% VAT, respectively, on Wednesday, flat from the last session. Wednesday witnessed coke futures prices quickly lift after diving to a low during the opening session, with the