Dalian coke prices jumped nearly 5% as Hebei shut 14 coke plants

Published: Nov 25, 2019 14:15

Save

The DCE 2001 coke contract hit its highest since Sep 30 at 1,913 yuan/mt in morning trade

SHANGHAI, Nov 25 (SMM) – Dalian coke prices jumped about 5% to the highest in nearly two months on Monday morning, following the report that 14 coke plants in China’s top steelmaking hub of Tangshan have been required to shutter for lack of discharge permits.

The most active coke contract on the Dalian Commodity Exchange for January hit its highest since September 30 at 1,913 yuan/mt in morning trade, leading the gains across the ferrous complex.

The 14 coke plants have yet to receive all the environmental-related approvals, but already come on stream, and 11 of them were in operation when environmental authorities of Hebei province issued the requirement for closure.

There is 34.45 million mt of coke capacity in operation in Tangshan, with 14.35 million mt belonging to the 11 plants.

Hebei’s move came along with Shandong province requiring a slew of coke plants to close by the end of November.

Market commentary Coke

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Jul 3, 2026 19:20

In the short term, ferrous metals are consolidating at lows, and close attention should be paid to steel mill maintenance situations [SMM Steel Industry Chain Weekly Report]

This week, finished steel continued its gradual decline, while raw materials began to stabilize, with coking coal rebounding to some extent. During the week, rumors about a coal mine accident in Shanxi and customs clearance restrictions at the Mongolian border spread, boosting sentiment. Coupled with the China Mineral Resources talks, the raw materials side rebounded from lows. In the second half of the week, as rumors of maintenance at steel mills across various regions emerged, negative feedback expectations intensified somewhat, and raw materials pulled back. Approaching the weekend, however, the 10th round of coke price increases was initiated, pushing coking coal and coke futures higher. In the spot market, the off-season characteristics of end-users became increasingly evident, with the market restocking at low prices as needed. With spot prices remaining relatively firm, the spot-futures price spread continued to widen...

Jul 3, 2026 19:20

Jul 3, 2026 14:49

Copper Prices Rebounded at Week's End, Copper Scrap Traders' Shipment Sentiment Recovered [SMM Secondary Copper Daily Review]

Jul 3, 2026 14:49

Jul 3, 2026 13:45

ADC12 Prices Fall in Overseas Markets, Narrowing Import Losses with Domestic Prices Firm

[SMM Aluminum Alloy Express] Recently, ADC12 prices in overseas markets continued their downward trend, with quotes pulling back further to the range of $3,100-$3,200/mt today. Meanwhile, domestic ADC12 prices remained relatively firm supported by aluminum scrap costs, driving a continued recovery in the price spread between Chinese and overseas markets and further narrowing import losses. Currently, the import loss per mt of ADC12 stands at about 1,087 yuan, pulling back to the level seen in early March. If domestic prices stay high going forward while overseas markets remain under pressure and decline, the degree of price inversion between Chinese and overseas markets is expected to narrow further, potentially opening the window for import profits gradually.

Jul 3, 2026 13:45