January 28th News: On January 28th, the price of metallurgical coke in the Handan market remained stable. Currently, the quoted price for standard-grade dry-quenched coke ranges from 1,495 to 1,525 yuan per ton, while standard-grade wet-quenched coke is quoted at 1,340 yuan per ton, both ex-factory prices including cash and taxes. Chempricehub's analysis of coke gives a bearish score of -1. The spot price of metallurgical coke in the Handan market remained stable, with standard-grade dry-quenched coke quoted at 1,495–1,525 yuan per ton and standard-grade wet-quenched coke at 1,340 yuan per ton, ex-factory prices including cash and taxes, indicating a balanced supply and demand in the current spot market with no significant fluctuations. However, the settlement price of the main coke futures contract 2605 was 1,686 yuan per ton, down 29.5 yuan from the previous day, with a trading volume of 19,620 lots and open interest increasing to 38,429 lots, up by 1,859 lots, suggesting a strengthening bearish sentiment in the market. This reflects expectations of weakening future demand or rising supply pressure, which may drag down futures prices. Overall, the assessment is generally bearish.