DAILY: China's coking coal prices mixed, caution grows

Coking coal price trends in China's major production regions began diverging on November 10, reflecting a retreat from the previous unified upward momentum. While the upward strength is expected to weaken, downside risks may not mount quickly, sources anticipate.

On Monday, Mysteel's assessment of the national composite coking coal price settled at Yuan 1,396.6/tonne ($196.1/t) including 13% VAT, edging down slightly by Yuan 0.3/t from the previous session and marking the first drop after more than three weeks of gains. In Shanxi province, China's largest coking coal-producing province, coking