DAILY: Concerns about China's post-holiday met coke market rise

Negative sentiment for China's metallurgical coke market grew among participants on February 10, as some were concerned about potential downward pressures after the Chinese New Year (CNY) holiday, according to market sources.

Some market players pointed to the contrast between steady production of coke makers and their stagnant sales during the holiday, which could lead to a notable buildup of their inventories and thereby weigh on met coke prices afterwards. According to Mysteel's historical data, the combined met coke inventories held by