WEEKLY: China's met coal market downturn slow

The downtrend of China’s metallurgical coal market slowed slightly during June 16-20, with some coal prices even tentatively moving up, driven by rising market concerns over the supply of the feed material amid stricter safety and environmental inspections.

Mysteel's assessment of the national composite coking coal price slipped by Yuan 9.8/tonne ($1.4/t) from a week earlier to settle at Yuan 938.7/t including the 13% VAT as of June 20, easing from a Yuan 31 decline logged in the previous week. Last week, coal mining suspensions were reported at