According to the Commodity Market Analysis System of SunSirs, as of September 28, 2025, the average price was 1,043 RMB/ton. As of September 28, the domestic chemical coke market was operating relatively strong. Last Wednesday, a large coke enterprise in Northwest China raised the price of chemical coke by 50 RMB/ton, and most coke enterprises followed suit.

In terms of price, the current market price for bulk chemical coke in Ningxia is 1,140-1,190 RMB/ton; The price of bulk chemical coke in the Inner Mongolia market ranges from 1,090-1,140 RMB/ton; The price for wet quenched chemical coke in the Xinjiang market is 750 RMB/ton, all of which are ex factory cash prices including tax.

In terms of demand: Currently, the downstream market demand is average. Recently, downstream calcium carbide enterprises and alloy factories have been replenishing their inventory before the holiday, with high enthusiasm for purchasing goods and good inventory consumption. Overall, the supply and demand of chemical coke are tight, but the replenishment is nearing its end, and the price of chemical coke is difficult to continue to rise. It is expected that the market will operate steadily before the holiday. On September 28th, the coke price in Qujing market will be weak, with secondary coke reported at 1,795 RMB/ton and external coke reported at 1,520 RMB/ton, both of which are dry basis ex factory prices including tax in cash.

The coke analyst from SunSirs believes that it is expected that coke enterprises will maintain their current trend in the short term, and in the later stage, they still need to continue to pay attention to the impact of macro sentiment, coke coal price trends, and steel mill profits on coke prices.

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