COKING COAL DAILY: Support for seaborne prices amid concerns over domestic Chinese supply

October 24, 2018 / www.metalbulletin.com / Article Link

Seaborne coking coal prices remain underpinned amid concerns about supply in the domestic Chinese market, participants said.

An accident at a coal mine in Shandong province in northeast China recently is expected to increase safety checks at mines, participants said."While the inspections are likely to affect mines producing semi-hard or similar quality materials, however, the sentiment is that such safety checks will prevent domestic prices from falling and that in turn will support seaborne prices," a trader source from...

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