China’s met coke producers have accepted another round of price drop yesterday (13 June’24). Met coke prices in Hebei’s Tangshan were assessed at RMB 1,910/t ($263/t), a drop of RMB 50/t ($7/t). This move followed an earlier reduction of yuan 100-110/mt in mid-May. The move was opposed by few coke producers. However, few said there was an oversupply of coke in China, supply and demand have now balanced, suggesting that prices may experience fluctuations.
