DAILY: China's coking coal prices snap three-week uptrend

China's coking coal market snapped its over-three-week uptrend on March 30, as more miners in major domestic producing regions lowered their prices following growing caution among end-users.

Mysteel's assessment of China's national composite coking coal price reached 1,346.7/t ($195/t) including the 13% VAT on Monday, down Yuan 5.4/t on day and marking the first drop since March 6. The downside pressure mainly stemmed from the thicker cautious mood towards coal replenishments among downstream users, as they were