Sellers in the seaborne coking coal market are taking their time to liquidate their existing cargoes, keeping prices for the steelmaking raw material flat.
"We are not in a hurry because prices at [the Port of Jingtang in Hebei province's Tangshan] are still strong. If buyers are unwilling to pay $193-195 per tonne cfr China [in the seaborne market], we would rather make a 'landing sale,'" a...