Accordingly, the price in China's coke market is basically stable but the deals are few and far between. Influenced by the soft demand from steel industry, the domestic coke market is currently undergoing a tough time with desolate transaction deals in the market.
On the other hand, it is reported that the upstream production cost is still hovering around at a high level which has somewhat stabilize the coke prices. Even though coking plant has suffered from price inversions, most of them are reluctant to push down their price quotes.
In this context, the price in domestic coke market may fluctuate around lower levels in the upcoming future given to the constant dropping steel prices.