DAILY: Individual coking coal prices in China's Shanxi jump on short supply

The Chinese coking coal market saw price upticks for a few varieties on December 16, supported by lower availability of these products and pockets of restocking needs. However, sources reported the lingering weakness of the market, citing tepid restocking interest from most buyers.

The national composite coking coal price under Mysteel's assessment settled at Yuan 1,293/tonne ($183.6/t) including the 13% VAT on Tuesday, lower by a smaller Yuan 2.7/t from the previous session. In North China's Shanxi province, nine coking coal deals were concluded lower by Yuan 6-60/t yesterday, narrowing from declines of