DAILY: China's coking coal prices rally further on heated sentiment

China's spot coking coal prices continued their strong rallies on March 24, supported by a persistent heat-up of market sentiment since the ongoing conflict in the Middle East still stirred deep concerns about global energy supply, according to market sources.

On Tuesday, Mysteel's assessment of China's national composite coking coal price maintained a double-digit increase for the second straight session, up by another Yuan 18/tonne ($2.6/t) on day to sit at Yuan 1,319.2/t including the 13% VAT. The price also marks the highest level since early December last year. Most