DAILY: China's coking coal prices jump amid firmer coke outlook

China's coking coal market firmed further on April 22, as expectations mounted that domestic coke producers would push for a new round of metallurgical coke price hikes in the near term, reinforcing the cautiously optimistic mood that has taken hold since last week, sources said.

On Wednesday, Mysteel assessed China's national composite coking coal price at Yuan 1,341.8/tonne ($/t) including the 13% VAT, up Yuan 5.2.t from the previous session. This jump topped the Yuan 4.9/t rise recorded on Monday, setting a new largest daily gain since late March. The prospect of a third coke