Trading activity remained thin in the coking coal market on Tuesday March 6 despite burgeoning offers with end-users yet to come to terms with how much sellers are asking.
A cargo of second-tier hard coking coal was heard to have traded around $201-202 per tonne fob Australia while a shipment of semi-hard materials changed hands at $195 per tonne fob Australia. A trader source said that "despite the lack of indicative bids at the moment, it's not possible to get your hands on [any of the five...