DAILY: China's met coke prices hold steady, sentiment soft

China's metallurgical coke market held largely steady on September 14. Current market fundamentals remained supportive of spot prices in the near term, while mounting losses at steel mills continued to weigh on market sentiment.

On Monday, Mysteel Coke Index (MCI) for China's national dry-quenched (CDQ) quasi-first-grade metallurgical coke remained unchanged at Yuan 2,323.3/tonne ($346.32/t). The MCI CWQ for wet-quenched quasi-first-grade met coke also held steady at Yuan 2,131.6/t. Discussions over a sixth round of price hikes were ongoing, with the proposed increase limited to