Product
Met Coke Price Trend and Forecast
Met Coke Price Trend and Forecast
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 First Half of 2023
Met Coke witnessed fluctuating price patterns throughout the first half of 2023. Various factors like availability and upstream costs affected the price trends, 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 trends were observed.
On the contrary, other global markets like North America and Europe witnessed declining trends 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 trends 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.
About
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.
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.
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).
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