- Coking coal rises as much as 3.8 pct to 17-mth peak
China's iron ore and coking coal futures rose sharply in early trade on Friday, buoyed by supply disruption issues and as optimism about a Sino-U.S. trade deal lifted overall investor sentiment in Asia.
The most active coking coal contract for May delivery DJMcv1 rose as much as 3.8 percent to 1,284.5 yuan a tonne, its highest in 17 months.
An industrial website has reported that some ports in northeastern China had stopped customs clearings on imported coking coal. Customs at the ports mentioned in the report on Thursday told Reuters that "we have not received such notice".
Coke DCJcv1 was up 1.1 percent at 2,064 yuan a tonne by 0206 GMT.
The most-active rebar contract on the Shanghai Futures Exchange SRBcv1 edged up 0.8 percent to 3,726 yuan a tonne. Hot rolled coil SHHCv1 inched up 0.7 percent to 3,620 yuan.
($1 = 6.7279 Chinese yuan)
source HC news.
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