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Chinese coke export prices continue to firm up

Latest CCCMC reference prices for coke exports as on January 20th 2009, based on the average reference prices for coke export transactions concluded in the previous week, stood at USD 400 per tonne to USD 450 per tonne on FOB basis.

Thus it is seen that after reducing to lowest levels of USD 3330 per tonne to USD 350 per tonne on FOB basis on December 16th 2008, coke prices have been increasing every week

Issuance Date Low High
2008.12.16 330 380
2008.12.23 320 400
2008.12.30 350 400
2009.01.06 350 430
2009.01.13 350 430
2009.01.20 400 450


In USD per tonne
On FOB china basis

The China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters is the largest trading association in China. The CCCMC reference prices are average prices for coke export transactions concluded the week prior to issuance date of such reference prices.

(Sourced from MySteel.net)

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