Market: Chinese coking coal prices to mark time in July

  Chinese coking coal prices are expected to remain essentially stable this month, because although the margins domestic coke makers are earning are high currently, coal price increases will be constrained by the sufficient supply.
  Coke output curtailment weighs on coal consumption The controls imposed on coke production and the capacity reduction process underway mainly in Shandong and Jiangsu provinces in East China have seen prices of domestic metallurgical coke at the country’s core markets surge by Yuan 300/tonne ($42.5/t) since early May. Indeed encouraged by