DAILY: China's coking coal market remains in a stalemate

China's spot coking coal market remained in a seasonal lull, with most participants taking early leaves to celebrate the Chinese New Year holiday starting from February 15. Domestic coking coal prices are likely to show a stable trend as market activity fades.

On February 11, Mysteel's assessment of the national composite coking coal price settled at Yuan 1,273.3/tonne ($184.1/t) including the 13% VAT, shedding Yuan 3.5/t from the previous session. Mysteel's survey results on Wednesday showed that in North China's Shanxi province, ten coking coal deals were traded lower by Yuan 3-200/t