April 15th — On April 15th, the price of metallurgical coke in the Yichun market remained stable. Currently, the quoted price for quasi-first-grade metallurgical coke is 1,700 yuan/ton, and for second-grade metallurgical coke, it is 1,540 yuan/ton. Both prices are ex-factory, inclusive of tax and on an acceptance basis.

Chempricehub's analysis of coke shows a long-short score of +1. The article indicates that the spot price of metallurgical coke in the Yichun market is stable, with quasi-first-grade coke quoted at 1,700 yuan/ton and second-grade coke at 1,540 yuan/ton (ex-factory, inclusive of tax and on an acceptance basis). This suggests a balanced supply and demand situation with no significant factors driving changes, resulting in a neutral impact on spot prices.

Combined with data from the Dalian Commodity Exchange coke futures, such as the settlement price of the 2605 contract at 1,677 yuan/ton (up 37 yuan) and the 2609 contract at 1,777.5 yuan/ton (up 31 yuan), the trading volume and open interest of the main contracts remain stable. The upward trend in futures prices reflects market expectations of increased future demand or cost support, which is favorable for futures prices.

Considering the stable spot prices and rising futures prices, the overall score is moderately bullish at +1.