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China’s benchmark futures of thermal coal, coking coal and coke futures all hit limit-up on Monday driven by market speculation of halted coal imports from Mongolia and amid growing concerns over continued shortage of coal supplies.
In the daytime trading on Monday, the most-traded coke and coking coal futures on the Dalian Commodity Exchange, for January delivery, surged by the daily limit of 8 per cent. The most active thermal coal futures contract on the Zhengzhou Commodity Exchange, for January delivery, also jumped by the daily maximum of 8 per cent.
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