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DAILY: China's coking coal surge carries MCCI to 18-month high

Source: Mysteel May 28, 2026 11:45
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Coking Coal Price Trading
The knock-on effects of sweeping safety inspections across China's major coking coal production hubs continued to curb domestic supply, pushing coking coal prices sharply higher on May 27.
On Wednesday, the Mysteel Coking Coal Index (MCCI), which tracks national coking coal prices in China, rose by a further Yuan 21.4/tonne ($3.2/t) on day to sit at Yuan 1,421.4/t, VAT included. The reading surpassed the Yuan 1,407.1/t recorded last November, hitting its highest level since mid-November 2024.   Coking coal

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