April 21st, Luliang Market: Metallurgical coke prices are trending strongly. Currently, the quoted price for quasi-first-grade dry-quenched metallurgical coke is 1,575–1,585 yuan/ton, and for first-grade dry-quenched metallurgical coke is 1,685–1,695 yuan/ton, both ex-factory cash prices including tax. Chempricehub analysis of metallurgical coke, long-short score: 1.5. The article indicates that metallurgical coke prices in the Luliang market are trending strongly, with quasi-first-grade dry-quenched metallurgical coke quoted at 1,575–1,585 yuan/ton and first-grade dry-quenched metallurgical coke at 1,685–1,695 yuan/ton, both ex-factory cash prices including tax. This reflects strong spot market demand, tight supply, and favorable conditions for spot prices. Combined with coke futures data, such as the Dalian Commodity Exchange contract 2605 closing at 1,738 yuan/ton, up 13.5 yuan, with a trading volume of 13,835 lots and open interest of 14,340 lots; contract 2609 closing at 1,825 yuan/ton, up 9.5 yuan, with a trading volume of 10,973 lots and open interest of 20,290 lots, the overall upward trend in the futures market is evident. Changes in open interest indicate capital inflows, with increasing bullish sentiment in the market, which is favorable for futures prices.
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