Trading slowed down in the seaborne coking coal spot market on Wednesday January 16 after a flurry of transactions earlier in the week.
"I imagine [imported coking coal prices] to be more or less stable until the Chinese New Year. A price of $190 per tonne cfr China for premium hard coking coal is definitely cheaper compared with domestic materials," a Chinese trader said.A mill source in China concurred."The Chinese yuan has also appreciated [against the US dollar] in recent days, which...