Texture from Reuters:
Coking coal futures in China gained the most in four weeks on Tuesday amid market talks about fresh import curbs on the steelmaking raw material, following brisk purchases in recent months by the world’s biggest coal buyer and consumer.
…With China’s coking coal imports in the first nine months of the year reaching more 60 million tonnes, total purchases this year could exceed 80 million tonnes, said Richard Lu, senior analyst at commodities intelligence firm CRU.
