Coking coal prices could fall as producers look to shift stocks

Apr 09, 2012 | 08:00 PM |

Coking coal prices in northern China could slide further in April as demand remains sluggish while stocks have been increasing. “Prices of steel products remained little changed in northern China, and the higher coking coal stocks with miners haven’t given support to prices either,” a trader in Tianjin said. Prices of hard coking coal in northern China stood at around 1,560-1,600 yuan ($248-255) per tonne on Monday, unchanged....

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