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الاقتصادية
China coal prices reach 19-month high
Coke prices in China have risen to their highest levels in 19 months, due to increasing concerns over supply shortages resulting from tightening safety measures at coal mines in Shanxi Province, the largest production area. This followed a tragic mine accident that claimed the lives of 82 people, leading to extensive inspections and a temporary halt in production at some mines, which has heightened the possibility of short-term supply shortages. Coke futures increased by 6.65%, reaching their highest point since October 2024, while iron ore prices declined amid expectations of increased supply and slowing demand.
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