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China's Coking Coal Price Expectation Index Rises to 86% for June, Up 7.2 Points

GateNews
Commodities
According to China's National Development and Reform Commission (NDRC) Price Center, coking coal prices rose in May driven by supply constraints, steady demand, and market sentiment. For June, the NDRC's coking coal price expectation index reached 86%, up 7.2 percentage points from May and remaining above the 50% neutral threshold. Despite seasonal weakness in construction steel demand, slower supply recovery from May mine accidents is expected to support prices, with most market participants anticipating strength in June.
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