DAILY: China's coking coal prices falter further on weak fundamentals

As the supply-demand gap in China's coking coal market persisted, domestic coal prices recorded further declines on February 28, a makeup working day after the Chinese New Year holiday.

Last Saturday, Mysteel's assessment of the national composite coking coal price stood at Yuan 1,254.2/tonne ($182.9/t) including the 13% VAT, down Yuan 5.8/t from the previous session. In North China's Shanxi province, the price for Anze low-sulfur washed primary coking coal (A 9%, S 0.5%, V 20%, G 85) –