DAILY: China's coking coal market to extend stable run

Chinese coking coal market largely stayed flat on January 26 and was expected to remain stable in the near term, as the restocking activities were firm among downstream buyers amid their increasing output, market sources shared.

Prices of most coking coal grades in the country's main producing hub Shanxi province stayed stable last Friday, and prices of coal resources with high quality or limited availability ticked up Yuan 50-100/tonne ($7-14/t) further, Mysteel Global noted. On Friday, the low-sulfur primary coking coal (ash 12%, sulfur 0.9%, GRI