China coking coal prices extend loss on prospects of rising supply
China's coking coal futures prices extended their decline on Monday, weighed down by prospects of rising supply amid continued production resumption after a deadly mine accident in coal-rich Shanxi and growing imports.
The most-traded coking coal contract on the Dalian Commodity Exchange (DCE) slipped 1.93% to 1 268.5 yuan ($187.32) per metric ton by 03:30 GMT.
The most active DCE coke contract fell 0.74% to 2 010.5 yuan a ton.
As of June 17, around 63% of coal mines that suspended operations after the fatal mine accident in late May have resumed production, according to a survey by the consultancy Mysteel.
Also, China's imports of coking coal in May surged by 51% year-on-year while the year-to-date imports jumped by 25%, customs data showed.
China's imports of coking coal are set to rise further this year, traders said.
"The recent coking coal price slump is not because there was a dramatic change in fundamentals, but is reflective of the shift in focus among traders to production resumption from previous fears of supply shortage," analysts at Galaxy Futures said in a note.
"Uncertainties still cloud the pace of production restart for other mines, and it would be hard to see output recover to the pre-accident level," they added.
Iron-ore prices moved in a tight range on Monday as investors weighed still-resilient demand from steelmakers against elevated portside inventories.
The most-traded DCE ore contract dipped 0.13% to 745 yuan a ton.
The benchmark July iron-ore on the Singapore Exchange was 0.31% higher at $98.95 a ton, as of 02:54 GMT.
The average daily hot metal output, a gauge of iron-ore demand, ticked 0.6% higher from the week before to 2.42-million tons as of June 18, the highest level since September 2025, Mysteel data showed.
Steel benchmarks on the Shanghai Futures Exchange were mixed. Rebar shed 0.32%, hot-rolled coil lost 0.42%, stainless steel edged down 0.13% while wire rod added 0.51%.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation

















