The gap between prices for premium hard coking coal and second-tier materials has narrowed by $20 per tonne over the past week, with the top-tier segment experiencing further weakness on Monday March 12.
A bid was made for cargo of premium hard coking coal at $214 per tonne fob Australia while offers for such materials have fallen to about $225 per tonne fob Australia, market participants told Metal Bulletin. A trader source said that the lack of transactions on an fob...