DAILY: China's met coke producers set for another price hike

China's metallurgical coke market is expected to climb further shortly after the latest markup took effect on Tuesday, supported mainly by a strong coking coal market as sweeping safety checks across over 100 coal mines tightened supplies of the feed coal.

On Thursday, Mysteel Coke Index (MCI) CDQ, gauging China's national dry-quenched quasi-first-grade met coke prices, remained unchanged on day at Yuan 1,731.2/tonne ($255.4/t), and the MCI CWQ for wet-quenched quasi-first-grade met coke also stood still at Yuan 1,572.5/t, both including VAT. Market sources said major coke producers are set to