Amendment to specifications of Chinese metallurgical coke export price

Fastmarkets has made an amendment to the specifications of its Chinese metallurgical coke export price assessment following a one-month consultation.

The consultation took place over May 19-June 16.

The coke strength after reaction (CSR) for this price has been amended to 65% from 62% to align more closely with the most common coke products traded in the spot market.

The specifications after the amendment are as follows:

MB-COA-0006 – Coke 65% CSR, fob China, $/tonne
Quality: 30-90mm; range 25-100mm
CSR: 65%; minimum 63%
Volatile matter: 1.5%; range 1-1.5%
Ash: 12.5%; range 11-13.5%
Sulphur: 0.65%; range 0.4-0.8%
Phosphorus: 0.035%
Cargo type: Non-blended
Basis: fob Tianjin
Quantity: 35,000 tonnes; minimum 5,000 tonnes
Laycan: Within 45 days
Publication: Weekly, Tuesday, at 7pm Singapore time

To provide feedback on this weekly assessment, or if you would like to provide price information by becoming a data submitter to this assessment, please contact Olivia Zhang/Paul Lim by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Olivia Zhang/Paul Lim, re: amendment to the specifications of Chinese metallurgical coke export price assessment.”

To see all of Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology.

What to read next
Fastmarkets has launched MB-AL-0424 Aluminium P1020A premium, fob Indonesia, $/tonne on July 9 due to an expected increase in Indonesia-origin aluminium exports. MB-AL-0424 Aluminium P1020A premium, fob Indonesia, $/tonneQuality: P1020A or 99.7 % Minimum Al purity (Si 0.10% max, Fe 0.20% max) in line with LME specifications. Ingot, T-bar, sowQuantity: Min 500 tonnesLocation: FOB IndonesiaTiming: […]
Information came to light that mill buying offers had been adjusted for July following Fastmarkets’ settlement of these prices on that date, leading to an incorrect published assessment for the following grades: MB-STE-0789 Steel scrap No1 heavy melting, consumer buying price, fob Montreal, Canadian $/net ton was previously published at C$245 ($179.41) per net ton, a C$10 […]
Fastmarkets has corrected its daily AG-PLM-0012 refined bleached deodorised (RBD) palm olein, fob Indonesia price assessment, which was published incorrectly on July 7 due to an input error.
Fastmarkets has had a strong interest in the proposed new assessments and would like to gather additional information on the specification and grades that should assess.  Based on the feedback, the proposed specifications have been updated as follows:  Quality: Selected Nordic (Swedish, Finnish, Norwegian) export grades of both planed and rough sawn timber spruce (whitewood) […]
While Fastmarkets understands that the PIX sawn timber FAS Finland indices have not been widely adopted by the industry, we have received feedback that there is commercial use for the indices. Therefore, we propose to maintain them for the time being.  The following indices are affected:  The extended consultation period for this proposed discontinuation starts […]
To increase the transparency of our methodology, Fastmarkets clarifies that the quotation period of the MHP nickel payable indicator is the month of delivery, or the month M. Any data points Fastmarkets received otherwise will be normalized to the M month based on the monthly spreads of the prevailing exchange-traded Class-1 nickel reference price, or […]