COKING COAL DAILY: Prices hold steady in absence of drivers

By Deepali Sharma / April 12, 2018 / www.metalbulletin.com / Article Link

The seaborne coking coal market was stable on Thursday April 12 amid an absence of drivers that could spark significant price movements in either direction.

"The sentiment at the recently concluded Coaltrans China conference in Beijing suggests that the market should continue to soften over the next 1-2 months," a trader said. "In the premium category, miners and traders have ample cargoes in hand to offer to the market and prices will only rise once those have been absorbed," he added. But in...

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