DAILY: China's coking coal prices stable, buyers watch

Source: Mysteel Dec 11, 2023 11:45

Chinese coking coal market stayed flat on December 8, as the wait-and-see sentiment prevailed among some downstream buyers amid their persistent losses, market sources shared.

Last Friday, China's national composite coking coal price under Mysteel's assessment was unchanged at Yuan 2,164.5/tonne ($301.4/t) and including the 13% VAT. Domestic coke producers were still in severe losses as their latest attempts to hike coke prices haven't been accepted by leading steelmakers as of last Friday, which has