Author: Aditya Sinha
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China: Coking coal prices have limited downside room as demand expected to pick up
The downside space of coking coal prices in China may be limited, given the increasing likelihood of concentrated replenishment from coke producers after their feed coal stocks dropped to the lowest level in more than three years. Sxcoal data showed on November 29, coking coal stocks at the surveyed independent coking plants fell to 3.02…