DAILY: China's coking coal market lacks strength on bad demand

Source: Mysteel Apr 25, 2023 12:15

China's coking coal market still saw no strength for any improvements on Monday, with more downside pressures passed from downstream coke and steel markets.

China's national composite coking coal price under Mysteel's assessment lost another Yuan 34.3/tonne ($4.97/t) on day to Yuan 1,647/t and including the 13% VAT on April 24. Offer prices for low-sulfur primary coking coal produced in Linfen city of North China's Shanxi province fell further by Yuan 50/t to Yuan 1,900/t

Price Curve

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