WEEKLY: Holiday halts trim China's coking coal production

The widespread mine stoppages for the Chinese New Year holidays have significantly reduced coking coal output in China this week. This, coupled with fading purchases from end-users and traders, has left the market at an impasse ahead of the festival.

Sources shared that most privately-owned mines have stopped operations, and most state-owned mines will enter holiday mode around this weekend or next Monday. Besides, many independent coal wash plants have suspended processing activities as well, further reducing coal availability in the domestic market. The daily raw coal output of the