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DAILY: China's coking coal edges lower despite supply constraint

Source: Mysteel Jul 09, 2026 11:50
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Coking Coal Price Trading
China's coking coal prices extended their declines on July 8 even as supply stayed tight, weighed by expectations of lower downstream demand that may temporarily ease the supply-demand gap.
Mysteel Coking Coal Index (MCCI), which tracks coking coal prices nationwide in China, softened to Yuan 1,698.9/tonne ($249.9/t) including the 13% VAT on Wednesday, dipping by another Yuan 2.3/t from the previous session and marking declines for nearly two weeks.   On Wednesday, Mysteel recorded price drops of Yuan 19-32/t for

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