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DAILY: China's spot coking coal market stays resilient, futures slump

Source: Mysteel May 13, 2026 11:40
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China's spot coking coal market showed resilience on May 12, with prices for some grades edging higher. However, futures prices tumbled during the session, as market concerns over near-term risks deepened amid weak fundamentals.
On Tuesday, Mysteel assessed China's national composite coking coal price at Yuan 1,363.6/tonne ($200.7/t) including the 13% VAT, up another Yuan 2.5/t from the previous session.   Among the 202,500 tonnes of coking coal cargoes lifted for online auctions yesterday, 192,500 tonnes were sold successfully, marking a still-low failure rate of

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