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WEEKLY: China’s coking coal prices ease slightly

Trends in coking coal prices across China were varied over August 5-9, with prices of some high-quality coal products continuing to rise while several large-sized coal miners in North China’s Shanxi notably lowered their offer prices by as much as Yuan 70/t ($9.9/t) the same week.
Overall, Mysteel’s composite coking coal prices index was at Yuan 1,207.8/t including the 13% VAT on August 9, lower by another Yuan 9.2/t on week. On the other hand, the index of low-sulphur (0.6% or lower) coal grew Yuan 8.7/t on week to Yuan 1,553.1/t. “Coking coal sales from major miners remained firm last week,

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