DAILY: China's spot coking coal edges lower amid tepid sales

Spot coking coal prices fell further in China's major producing hubs on November 10, reflecting an overall weak market amid lackluster buying, though a few grades rebounded after recent losses, market sources said.

On Tuesday, the Mysteel Coking Coal Index (MCCI), which tracks coking coal prices nationwide in China, stood at Yuan 1,960.5/tonne ($293.7/t) including the 13% VAT, down Yuan 9.6/t from the previous working day, compared with a Yuan 5.2/t decline on Monday. In North China's Shanxi province, Mysteel recorded daily price