FLASH: DCE coking coal futures plunge 6% on faster mine restarts in Shanxi

News that a large coking coal mine in North China's Shanxi province had emerged from suspension and resumed operations on June 18 caused the most-traded coking coal contract on the Dalian Commodity Exchange to plunge nearly 6% on Thursday.

The contract for September delivery closed the daytime trading session at Yuan 1,271/tonne ($188/t), lower by 5.8% from Wednesday's settlement price and wiping out all gains it had accumulated so far this month, DCE data show. Market analysts noted that the slump followed Thursday morning's news that a large 1.5