DAILY: China's coking coal market heats up as bullishness grows

China's spot coking coal market continued climbing higher on January 13, buoyed by end-users' revived appetite for the feed coal as a stabilizing trend of the met coke market ignited new bullishness among market players, Mysteel learned.

On Tuesday, Mysteel's assessment of the national composite coking coal price increased by another Yuan 9/tonne ($1.3/t) from the last session to reach Yuan 1,267.6/t including the 13% VAT. Mysteel's survey results showed that in North China's Shanxi province, 23 coking coal deals were settled at higher prices yesterday, up