WEEKLY: Raw coal stocks held by China's coking coal miners rise at last

Raw coal inventories at the 523 coking coal mines under Mysteel's nationwide tracking increased during the survey week to July 9, their first since late May. This mainly reflected buyers' tepid interest in the raw material, as market caution remained strong in anticipation of output cuts among steel mills, according to the findings of Mysteel's latest survey.

On July 9, Mysteel assessed the combined raw coal inventories held by the sampled 523 miners at 4.47 million tonnes, higher by 1.4% from the previous week and mounting for the first time since late May. Meanwhile, the washed coal stocks held by the same 523 miners had also