Met Coke Price Trend and Forecast

Name: Met Coke Price Trend and Forecast
Creator: Procurement Resource
License: https://www.procurementresource.com/term-and-condition/
Keywords: Met Coke Price Trend, Met Coke Price, Met Coke

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Met Coke Regional Price Overview

Get the latest insights on price movement and trend analysis of Met Coke in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Met Coke Price Trend for the Second Half of 2023

Met coke prices were observed to be rising throughout the said period of H2’23 as it very closely followed the price trend of its feedstock material coal throughout the entire span. Quarter three began with the mining industry facing several restrictions because of environmental concerns, which constricted the coal supplies, thereby impacting the met coke output.

Met Coke Price Chart

Met Coke Price Trends

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The supply situation became even more dire in the fourth quarter as the shipping industry, too, got disturbed amidst the Red Sea crisis. This freight disturbance further curtailed the market supplies. The dip in demand because of this long-term procurement struggle did push down the price graph elevation a little bit. But, overall, a rising market trend was witnessed in H2’23.

Analyst Insight

According to Procurement Resource, Met Coke price trends are expected to continue along similar lines in the coming months since the supply situation is not likely to improve anytime soon.

Met Coke Price Trend for the First Half of 2023

Product	Category	Region	Price	Time Period
Met Coke	Operating Costs, Logistics and Utilities	India	540 USD/MT	H1'2023

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Met Coke witnessed fluctuating price patterns throughout the first half of 2023. Various factors like availability and upstream costs affected the price trend, but primarily market demands drove the market behaviour for Met Coke.

The met coke prices in the Chinese domestic market declined, given the reduced demands amid falling upstream cost pressure. However, in India, prices averaged about 540 USD/MT (EXW) in January and inclined steadily over the next few months. India is undergoing rapid infrastructure development, which calls for inclined demands from consumer metallurgical industries, so the inclined price trend were observed.

On the contrary, other global markets like North America and Europe witnessed declining trend for most of the discussed periods. The economic recession in Europe and hiked interest rates in the USA have pivoted the monetary decision-making of European and American people. Sectors like construction and manufacturing exhibited very limited activities during this period. So, the price trend for Met Coke remained on a declining trajectory for these markets.

Analyst insight

According to Procurement Resource, the Met Coke prices are expected to continue an oscillating pattern given the unsettled demand and supply dynamics.

Procurement Resource provides latest prices of Met Coke. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About Met Coke

Met Coke is known as a carbon-based residual-material composed of or prepared by the destructive distillation or carbonisation using numerous blends of bituminous coal; that is a type of coal which is a soft, and a medium grade with a high percentage of volatile elements. The coal is seldom referred to as coking coal or metallurgical coal; that is, coal processed to become Met Coke.

Met Coke Product Details

Report Features	Details
Product Name	Met Coke
Industrial Uses	Cupola furnaces for melting of pig Iron to produce different castings, Blast furnaces, Alloy industries, Sinter plant
Synonyms	Metallurgical Coke
Supplier Database	Oxbow Carbon LLC, BHP Group Limited, Rio Tinto Group, Hickman, Williams & Company, OKK Koksovny
Region/Countries Covered	Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency	US$ (Data can also be provided in local currency)
Supplier Database Availability	Yes
Customization Scope	The report can be customized as per the requirements of the customer
Post-Sale Analyst Support	360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Met Coke Production Processes

Production Process of Met Coke via Destructive Distillation or Carbonisation

The destructive distillation or carbonisation process is performed by heating the bituminous coal in the absence of oxygen inside a coke oven at high temperatures. This process, also known as coking, is conducted to purify coal from its volatile components, which is followed by partial melting and re-solidification into a non-melting hard carbon to obtain the desired product.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Met Coke Production Cost Report: Operating Costs, Logistics, Utilities, Manufacturing Process, and Raw Material Requirements See more

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