DAILY: China's met coke market moves sideways

China's metallurgical coke market continued to trade sideways on September 17, with neither upward nor downward momentum strong enough to drive a clear move. Market participants were awaiting clearer signals and largely expected prices to remain stable in the near term, Mysteel learned.

On Thursday, Mysteel Coke Index (MCI) CDQ, which tracks China's national dry-quenched quasi-first-grade met coke prices, held steady at Yuan 2,323.3/tonne ($346.4/t), unchanged from the previous session. Meanwhile, the MCI CWQ for wet-quenched quasi-first-grade met coke also stood flat at Yuan 2,131.6/t, both including the VAT. According to Mysteel's latest