DAILY: China's met coke market outlook mixed

Multiple factors kept China's metallurgical coke market outlook mixed on April 9, but a temporary optimistic bias seemed to prevail. Participants predict the market to remain strong in the days ahead, although the newly proposed price hikes may face some headwinds.

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 Thursday, unchanged from the last session. On Thursday, a coke producer in Wuhai city, North China's Inner Mongolia, notified their steelmaker customers of Yuan