January 28th News: On January 28th, the price of blue coke in the Fugu market remained stable. Medium-sized material was quoted at 750-800 yuan/ton, small-sized material at 735-860 yuan/ton, and coke fines at 480-600 yuan/ton, all of which are ex-factory prices including cash and tax. Chempricehub Analysis of Coke: Bull-Bear Score: -1 Analysis: The article indicates that the price of blue coke in the Fugu market remained stable, with medium-sized material quoted at 750-800 yuan/ton, small-sized material at 735-860 yuan/ton, and coke fines at 480-600 yuan/ton, all ex-factory prices including cash and tax. This suggests a balanced supply and demand in the spot market with no significant changes, resulting in a neutral impact on spot prices. Combined with futures data, the main coke contract 2605 settled at 1,686 yuan/ton (down 29.5 yuan), with a trading volume of 19,620 lots and an increase of 1,859 lots in open interest, indicating increased bearish pressure. Other contracts, such as 2609, settled at 1,752.5 yuan/ton (down 31 yuan), with an increase of 105 lots in open interest, reflecting investors' expectations of future price downside risks. Overall, the futures market is dominated by a bearish trend, coupled with stable spot prices but lacking upward momentum, resulting in a generally bearish impact with a score of -1.0.