WEEKLY: China's coking coal production recovers after CNY holiday

Production activity in China's coking coal mining regions recovered quickly during February 24-27, as miners returned from the Chinese New Year (CNY) holiday earlier this month. However, the increase in supply has begun to weigh on coal prices.

Market sources reported that most mines had resumed operations this week, while some are scheduled to restart after the Lantern Festival on March 3. Coal output at the mines that have already resumed is expected to increase further in the coming weeks, they added. As a result, daily raw coal