On January 4, the coke market in Changzhi exhibited a weak trend. Current quotations include quasi-first-grade dry-quenched coke at 1,485–1,535 yuan/ton, first-grade wet-quenched coke at 1,400 yuan/ton, and first-grade dry-quenched coke at 1,645–1,695 yuan/ton, all ex-factory prices inclusive of tax and cash.

PriceSeek's analysis of coke indicates a bearish sentiment with a score of -1.5. The article highlights that spot coke prices are trending weakly, with quotations such as quasi-first-grade dry-quenched coke at 1,485–1,535 yuan/ton and first-grade wet-quenched coke at 1,400 yuan/ton, which are below historical averages. This suggests either ample market supply or weak demand, potentially leading to further declines in spot prices.

Combined with coke futures data, the settlement price of the main contract 2605 was 1,698 yuan/ton (as of December 31, 2025). Recent price declines (e.g., a decrease of 16.5) and changes in open interest (-20,254) reflect pessimistic market expectations. It is anticipated that futures prices will face downward pressure.