Met Coke offers rise further

62% CSR (coke strength after reaction) with 12.5% ash
metallurgical coke offers to India have risen further to breach $300/MT mark
this time, currently being offered around $302.

Suppliers in China think there is scope for prices to go up
from present levels as current levels can fetch decent trades in the domestic
market itself. However, buyer's appetite in India at current levels is not too
strong but has scope to grow.

In the domestic Chinese market, 62% CSR coke is trading
around $290 including taxes.


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