The seaborne coking coal spot market started off the week on a relatively stable note with the gap between bids and offers in China said to be narrowing.
An 80,000-tonne cargo of low-ranked second-tier hard coking coal with 9% ash was traded at $179 per tonne cfr China during the day, market sources told Metal Bulletin on Monday June 4. The shipment's laycan is June 10-20."The sentiment in the market is quite positive today though end-users are mostly looking for second-tier hard coking coal with low ash and...