WEEKLY: Run rates at China's coal wash plants rebound

After declining for two straight weeks, the average operation rate observed by the 110 Chinese independent and affiliated coking coal wash plants under Mysteel's regular survey rebounded by 3.32 percentage points during November 8-14, putting the latest figure at 73.84%, the latest survey data show.

The rally was mainly driven by a substantial increase in run rates at independent wash plants that contribute 40% of the total sample, according to Mysteel's survey. Rising coking coal prices during the latest sample period persuaded most of those plants where work was suspended to resume operations and