China's coking coal auction market on Dec 19, 2025

China's coking coal auction market had 148.85 Kt (mainly primary coking coal and raw blending coal) listed on Dec 19, and the unsold rate dived 20 pps DoD to 3%. The average closing premium for all sold lots was 9.67 yuan/t. Coke makers gradually began moderate restocking due to low inventories, improving coking coal transactions and reducing the auction failures. Most sold lots saw marginal increases of 3-15 yuan/t in settlements compared to previous levels.

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