Sxcoal Met Coke Daily Survey (Dec 13)

All 20 Sxcoal-surveyed coking plants held prices stable on Dec 12. The top level economic meeting in Beijing failed to launch expected stimulus policies, turning sentiment down again. Steel producers continued shutting down blast furnaces and presented weaker rigid demand. Coke stocks at coking plants kept piling up, and the oversupply situation is unlikely to change in the near term.

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