WEEKLY: Holiday curbs coking coal demand in China

China's domestic coking coal demand experienced a sharp decline during October 1-10, mainly as downstream users and traders paused their coal procurement over the eight-day National Day and Mid-Autumn Festival holidays that ended on October 8.

Most end-buyers had completed replenishments of the feed coal towards late September, building abundant coal stocks for their consumption during the long break when supply and logistic services are usually disrupted by busy holiday traffic, sources told Mysteel. After three consecutive weeks of increases, total coking coal inventories at the