On January 13, the price of metallurgical coke in the Jinzhong market showed a weak trend. Currently, the price for quasi-first-grade wet-quenched metallurgical coke is reported at 1,260–1,280 yuan/ton, while quasi-first-grade dry-quenched metallurgical coke is priced at 1,525–1,555 yuan/ton. First-grade dry-quenched metallurgical coke is quoted at 1,695 yuan/ton, all of which are ex-factory prices including tax and cash.

PriceSeek's analysis of coke indicates a bearish score of -1.5. The article points out that the price of metallurgical coke in the Jinzhong market is trending weakly, with spot quotations such as quasi-first-grade wet-quenched coke at 1,260–1,280 yuan/ton and first-grade dry-quenched coke at 1,695 yuan/ton, both showing a downward trend. This reflects oversupply or weak demand in the spot market, posing significant bearish pressure on coke spot prices.

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 by 3 yuan from the previous day. The open interest decreased by 1,031 lots, while trading volume remained active, indicating pessimistic market expectations. This news may further intensify bearish sentiment in the futures market, and prices are expected to remain under pressure in the short term. Therefore, a score of -1.5 is assigned, reflecting a strong bearish impact.