DAILY: China's met coke sentiment brightens, though price wrangle continues

Sentiment in China's metallurgical coke market saw a notable lift on April 13, following the stabilizing signs of domestic coking coal prices. However, the price wrangling between coke producers and steelmakers continued, with expectations for a successful price hike intensifying.

On Monday, Mysteel assessed the national quasi-first-grade met coke prices for dry-quenching type flat from last Friday at Yuan 1,569.8/tonne ($229.8/t) including the 13% VAT, while the same grade for wet-quenching type gained Yuan 1.1/t to Yuan 1,426.2/t, driven by proactive price adjustments among coke producers in Southwest China. Mysteel