DAILY: China's spot coking coal edges up on brisk trades

China's spot coking coal prices extended moderate gains on January 9, driven by improved trading activity for the feed coal. However, participants expected limited upward space for the near-term market, Mysteel learned.

Mysteel's assessment of the national composite coking coal price edged up by Yuan 1.2/tonne ($0.2/t) on day to reach Yuan 1,250.1/t including the 13% VAT on January 9, marking an uptick for the second straight day. In North China's Shanxi province, eight deals for different coking coal types were settled