BEIJING- Chinese coking coal futures extended gains to a fourth session on Monday, surging more than 4 percent, as supply remained relatively low and demand was expected to recover further following the Lunar New Year holidays and the Winter Olympics.
Inventories of the metallurgical coal at 247 steel mills and 230 coking plants covered by Mysteel consultancy stood at 21 million tons last week, down 4 percent from a week earlier.
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