China's coking coal miners have been gradually getting back to normal production, making it easy for coke plants to replenish stocks.
China's coking coal market, especially in Shanxi province, witnessed various situations regarding production resumption at mines.
As for major mines in Yuncheng, low sulfur lean coal stocks ran at high level and downstream users were mostly at wait-and-see stance; when it comes to Puxian County in Linfen, end users had an upward expectation regarding coking coal which was in supply shortage.
One Luliang-based miner offered the primary coking coal with 1.7% sulfur at 1,150 yuan/t, ex-washplant with VAT.
"Our mine went back to operation from February 25 onward yet produced less coking coal than usual, and price for high sulfur coking coal may rise afterward," he added.
Another Luliang-based miner offered the #5 coking coal with 13.5% ash, 0.8% sulfur at 1,250 yuan/t, ex-washplant with VAT.
He also considered that downstream demand remained stable and end users chose to purchase on demand.
On March 5, the Fenwei CCI index for Liulin low-sulfur primary coking coal was assessed at 1,640 yuan/t ex-washplant with VAT, unchanged week on week.
The CCI index for primary coking coal in Anze, Shanxi was assessed at 1,660 yuan/t ex-washplant with VAT on the same day, flat from the previous week.
(Writing by William Gao Editing by Jessie Jia)
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