Coking Coal

Coal futures surged to almost $150 a tonne in July, the highest level in a decade as a heat wave in Zhejiang, Jiangsu and Guangdong, China's biggest industrial provinces has pushed the electricity consumption to unprecedented levels.…

The coal market extended its upward momentum, with futures climbing above the $90 per tonne level for the first time since March 2019. Top consumer, China, is expected to face shortages in imports of coking coal from major…