WEEKLY: China's coking coal production dips on mine suspensions

China's coking coal production showed signs of slowing down during the past week, as some coal miners took early holiday leaves ahead of the Chinese New Year (CNY) that falls in mid-February. Participants expect more mine suspensions in the run-up to the festival, which could help stabilize coking coal prices in the short run.

Sources shared that some mines and coal washeries curtailed their operations last week, with more expected to join the rank this week. Most wash plants in Lvliang city, North China's Shanxi province, have halted production, and mines in Southwest China's Yunnan have also ceased operations for an early start