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China Mine Explosion Sees Coking Coal Jump by Daily Limit

Commodities & Raw MaterialsEnergy Markets & PricesCommodity FuturesTrade Policy & Supply Chain

China coking coal jumped by the daily limit after a deadly mine blast in Shanxi province raised fears of broader supply disruptions. The move reflects concern that intensified safety inspections could constrain output across the sector, supporting prices for the coal market and related industrial inputs.

Analysis

China coking coal jumped by the daily limit after a deadly mine blast in Shanxi province raised fears of broader supply disruptions. The move reflects concern that intensified safety inspections could constrain output across the sector, supporting prices for the coal market and related industrial inputs.

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Market Sentiment

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moderately negative

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-0.45