The expected rally in coke prices into 2009 is picking up speed as supply tightens and demand solidifies. International benchmark prices have continued their upward trajectory, rising by between $40-50/t this month, and the trend remains defiantly bullish. Chinese exports remain on the sideline, though as prices rise and demand increases, their return may not be far off. Overall, activity in the coke market has been quite slow in recent weeks, and remains so today. Indian buyers have reportedly tried to re-tender January deals but with fob offers up in both Europe and Colombia they have had little success. Delivered coke is now assessed at over $400/t c&f into India though some shipments may have been booked at lower levels. Elsewhere in the market there has been increased demand from US mills who are looking to cover coke needs via the merchant market, rather than risk increasing captive production while the steel outlook remains unclear.
展开▼
机译：随着供应趋紧和需求稳定，预计到2009年焦炭价格将回升。国际基准价格继续上涨，本月上涨了$ 40-50 / t，趋势依然坚挺。中国出口仍然处于观望状态，尽管随着价格上涨和需求增加，它们的回报可能并不遥远。总体而言，近几周来焦炭市场的活动一直很缓慢，而今天一直如此。据报道，印度买家试图重新招标一月份的交易，但由于欧洲和哥伦比亚的离岸价都没有，他们的交易几乎没有。目前，运往印度的交付的焦炭价格估计为$ 400 / t C＆F以上，尽管某些货物的订购量可能较低。在市场的其他地方，美国钢厂的需求正在增加，这些钢厂希望通过商人市场满足焦炭需求，而不是冒险增加圈养产量，而钢铁前景仍不明朗。
展开▼
