January 26th News: On January 26th, the price of blue coke in the Shenmu market showed a weak trend. The price of medium-sized material ranged from 760 to 790 yuan/ton, small-sized material from 730 to 750 yuan/ton, and coke fines from 480 to 520 yuan/ton, all ex-factory prices including cash and tax. Chempricehub's analysis of coke indicates a bearish score of -1.5. The weak performance of blue coke prices in the Shenmu market, with medium-sized material, small-sized material, and coke fines priced at 760-790 yuan/ton, 730-750 yuan/ton, and 480-520 yuan/ton respectively, all ex-factory prices including cash and tax, suggests an oversupply or weak demand in the spot market, exerting significant downward pressure on the spot price of coke. Combined with coke futures data, such as the closing price of the 2605 contract on January 23rd at 1722 yuan/ton (up by 33 yuan), the weak spot market signals may reverse the upward trend in futures, putting pressure on futures prices, with an overall bearish impact being evident.