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Chinese Coke Prices Plummet to Three-Week Low

6/15/2025

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Summary

Story summary

Chinese coke prices have hit a three-week low, plummeting 3.9% to $162.97 per ton at Rizhao port. This decline stems from dwindling domestic supplies and higher mineral resource taxes in Mongolia. Although coking coal futures saw a brief uptick, weak demand has left buyers hesitant, raising concerns about future price drops.

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Story summary

Chinese coke prices have hit a three-week low, plummeting 3.9% to $162.97 per ton at Rizhao port. This decline stems from dwindling domestic supplies and higher mineral resource taxes in Mongolia. Although coking coal futures saw a brief uptick, weak demand has left buyers hesitant, raising concerns about future price drops.