DAILY: China's met coke prices set to rise in late Apr

China's metallurgical coke prices are poised to edge up in late April, a delay of more than a week from the original April 13 implementation date for the second round of price hikes proposed by major coke producers. The tighter coke availability will likely give a firmer boost to the market in the near term, according to market sources.

On April 14, Mysteel's assessments of the national quasi-first-grade met coke prices for dry- and wet-quenching types sat at Yuan 1,569.8/tonne ($230.3/t) and Yuan 1,426.2/t, including the 13% VAT, respectively, unchanged from the last session. Sources shared that recent coke arrivals to downstream steel mills have decreased slightly, resulting in