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China Coking Coal Heads for Record Monthly Gain on Supply Crunch

Source: Bloomberg

Commodities & Raw MaterialsEnergy Markets & PricesTrade Policy & Supply Chain

Chinese coking coal prices were on track for the biggest monthly gain on record as supply tightens amid steelmaking output disruptions and more stringent safety checks. The tighter availability is likely to pressure downstream steel costs and could spill into broader commodity-linked margin expectations.

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