Coking Coal and Coke Market Report April 2015
2015-05-06 18:05:04 【Print】
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Chinese coke price has dropped by RMB180-210/t, while a drop of RMB80-120 was seen on coking coal price since early January
. Currently, the coking coal and coke market are on downward trend with limited room of further drop due to great losses suffered by coal and coke plants. It is expected that the coke price will continue to see marginal decline of RMB 20-40/t before mid-May. Though coking coal price didn’t fall as much as coke, the plants are still under great pressures which will lead to coal price reduction of RMB20-40/t during May .