May 26, 2026 - Chinese coking coal futures pushed higher for a second session as investors watched for a broader government crackdown on the sector after a deadly accident at a mine in Shanxi province.

Prices in Dalian surged as much as 5.1% in early trading before paring most of the gains, after hitting the daily limit on Monday. Authorities in Shanxi have halted operations at 109 mines, which account for 122 million tons of annual capacity, according to to consultancy Mysteel. A fatal blast occurred at the privately owned Liushenyu mine on Friday night.