Chinese Coking Coal Prices Surge Amid Safety Concerns in Shanxi
Chinese coking coal prices have surged to a 19-month high due to supply concerns following a deadly mine accident in Shanxi province. The provincial government has initiated a special rectification campaign to address safety risks in coal mines, leading to production halts at several sites. This has intensified fears of a supply shortage, driving up prices. The most-traded coking coal contract on the Dalian Commodity Exchange rose significantly, reflecting market anxiety over the potential for prolonged disruptions. 
