January 13th news: On January 13th, the price of metallurgical coke in the Jinzhong market showed a weak trend. Currently, the price for quasi-first-grade wet-quenched metallurgical coke in Jinzhong is reported at 1,260–1,280 yuan/ton, quasi-first-grade dry-quenched metallurgical coke at 1,525–1,555 yuan/ton, and first-grade dry-quenched metallurgical coke at 1,695 yuan/ton, all ex-factory prices including tax. Chempricehub's analysis of coke, with a bullish-bearish score of -1.5, indicates that the price of metallurgical coke in the Jinzhong market is trending weakly. Spot quotations, such as quasi-first-grade wet-quenched metallurgical coke at 1,260–1,280 yuan/ton and first-grade dry-quenched metallurgical coke at 1,695 yuan/ton, all show a downward trend, reflecting oversupply or weak demand in the spot market, which constitutes a significant bearish factor for the spot price of coke. Combined with futures data, the closing price of the main coke futures contract 2605 was 1,745 yuan/ton, with a settlement price of 1,761 yuan/ton, down 3 yuan from the previous day. Open interest decreased by 1,031 lots, while trading volume remained active, indicating pessimistic market expectations. This news may exacerbate bearish sentiment in the futures market, and it is expected that short-term prices will continue to face downward pressure. Therefore, a score of -1.5 is given, indicating a strong bearish impact.